Lee & Associates Brokers $7.65M Sale Of Fully Leased Medical Office In Monrovia
California
See Similar DealsLee & Associates Brokers $7.65M Sale Of Fully Leased Medical Office In Monrovia
831 Huntington Drive
See Similar DealsSummary
The transaction involved the sale of a medical office asset located at 831 East Huntington Drive in Monrovia. The property, known as Huntington Professional Center, encompasses a total area of 20,574 square feet and was sold for $7,650,000, resulting in a price per square foot of $372.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $7,650,000
- Sale Date: 11/27/2024
- Market: Monrovia
- Square Footage: 20,574
- Price per Square Foot: $372
Lee & Associates represented one of the parties in the transaction, facilitating the sale between the undisclosed buyer and seller. Major tenants within the property include Optum Healthcare, Tomdan, and Select Physical Therapy, indicating a fully leased status for the medical building.
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