5135 Holt Boulevard Industrial Building
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 3,295,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 20,000
Date Available 09/01/2018
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For Sale Summary 5135 Holt Boulevard, Montclair, California Industrial Building A.P.N. 1011-031-09 Sale Price: $3,295,000 / Sale terms: All cash or cash to new loan (CTNL) with strong down payment This property will be delivered to buyer vacant at close of escrow The 5135 Holt Boulevard industrial building was completed in approximately 1979. The contemporary concrete tilt-up, industrial commercial building was beautifully renovated with a thorough, extensive, and refreshing new remodel (landscaping, parking, building façade, painting, lighting, HVAC system, and much more) in 2017. The site (property) is located in the heart of the Montclair Holt Boulevard Specific Plan’s business park and commercial zoned corridor along the long block between Monte Vista and Central Avenue. The building is approximately 20,000+/- square feet with a 4,000+/- square foot approved and permitted mezzanine (weight-bearing). The building property is a block-long land parcel totaling 55,757+/- square feet (1.28 acres) on (between) Holt Boulevard and Brooks Street. The property is on the south side of Holt Boulevard and centrally located directly between Central Avenue to the east and Monte Vista Avenue to the west. The property is an ideal single-tenant use industrial building. The new 2017 front façade design on the building is contemporary in style and has a very distinctive and appealing look. The interior of the building has a pleasant and comfortable open modern design, an open floor plan space, a large office, a break room and storage room, 3 restrooms, multiple entrance points, multiple interior stairs to the mezzanine, wrought iron fencing and gates for security at the front and rear of the building, and all new LED lighting on the exterior of building. Property driveway entrance/access points from both Holt Boulevard (at north end) and Brooks Street (at south end). This asset is an ideal owner-user opportunity; and, just as good, an opportunity for any seasoned real estate investor having their own tenants or clients in-hand who are ready to lease at the right building, with the right image, and at the right location. The building/property is also good for industrial property buyers who are looking for a well-maintained, pride of ownership, industrial property to purchase in order to complete and protect a 1031 exchange. PROPERTY HIGHLIGHTS • Attractive industrial building, style, design, and construction (low maintenance property exterior) • Ideal size, single-tenant industrial building / Desirable lot/parcel shape and size • Property has current/active CUP (Conditional Use Permit) for retail furniture business storage/showroom • Fee simple parcel / Good clear title • Large open floor plan good for showroom/display, sales, wholesaling, storage and warehousing uses • Lots of parking in front and rear of property • Property located in Business Park zoning (light industrial) under Holt Boulevard Specific Plan • Large, illuminated, stand-alone monument sign on Holt Boulevard • Freeway friendly to I-10 and 60 freeways • Block long, rectangular shaped property has major direct street access (driveways) at each end