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Lee & Associates Brokers $7.65M Sale Of Fully Leased Medical Office In Monrovia

Property Image
SOLD
$7,650,000

California

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Medical Office20,574 SF
Sold 11/27/2024
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Property Image
SOLD

Lee & Associates Brokers $7.65M Sale Of Fully Leased Medical Office In Monrovia

831 Huntington Drive

See Similar Deals
Medical Office20,574 SF
Sold 11/27/2024

Summary

CALIFORNIA
Asset Type:Medical Office
Price Per Square Foot:$371
Total Square Footage:20,574 SF
Transaction Type:Sale

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.

Details

SOLD
IMAGE: 11/27/2024 ADDRESS: 831 East Huntington Drive MARKET: Monrovia ASSET TYPE: Medical Office BROKER: Lee & Associates (@LeeAssociatesRE) SALE PRICE: $7,650,000 SF: 20,574 ~ PPSF: $372 NOTE: Lee & Associates brokered the $7.65M sale of Huntington Professional Center, a fully leased 20,574-square-foot office and medical building in Monrovia. Major tenants include Optum Healthcare, Tomdan, and Select Physical Therapy; the buyer and seller remain undisclosed.

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