Property Detail

556 Diamond Bar

Diamond Bar CA 91765

$11,780,000

Status: Active

Property Details

Description

Asking Price of $11,780,000 ($249/sf). 98.6% occupancy and 5.8% cap rate. Three-story, 47,300-sf office building with parking for medical and office. High occupancy with below market rents and significant upside. Priced well below replacement cost; proforma cap rate of 8.0%. Prestigious two-story glass lobby with elevator and digital directory. State-of-the-art IT infrastructure including fiber optics. Centered between Los Angeles and Orange Counties and the Inland Empire.

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