El Segundo Office Space - Colliers International

El Segundo Office Space - Colliers International

FOR LEASE >
El Segundo Office Space
I N V E S T M E N T
ements:
Parcel#:
M E M O R A N D U M
185 DOUGLAS STREET, EL
SEGUNDO, CA 90245
SCITOR CORPORATION
PROPERTY
FEATURES
181-185 S. DOUGLAS STREET
Premises:
> EYEBROW SIGNAGE
RentableAVAILBLE
Square Feet:
AVAILABILITY
& 2270 E. EL SEGUNDO BOULEVARD, EL SEGUNDO, CALIFORNIA
185 S. Douglas, Suite 101
12,895 SF
January 15, 2004
Current Monthly Rent:
$31,051.13 or $2.41 PSF (FSG)
Contractual Rent Increases:
$31,859.65 (January 1, 2012)
Base Year:
2011 (reset per 3rd Amendment)
Exclusively
ListedThe
by: company specializes in offering
to the corporate
customers.
Expiration:
December 31, 2013
> Parking: 9:1,000Lease
(Well
above market standard)
> $65 for Covered Parking Spaces; $95$32,692.42
for Reserved
(January 1, 2013)
Terminate:
> Floor to ceiling Option
glassto windowline
Option to Extend:
None
One remaining 3-year option at 95% FMR with 9
to 12 months notice
> Located on corner
ofFirst
El Refusal:
Segundo Blvd.
& Douglas
Street
Right of
Expired
– on 2nd floor
space
Prop 13 Protection:
No
Parking Rights:
26 unreserved / 12 reserved (Free)
Right to additional 62 stalls:
10 on 1st Structure Level at $65/month
20 on 2nd Structure Level at $50/month
32 on 3rd Structure Level at $40/month
> Close to the 405 and 105 Freeways
> Onan 350-kW Diesel Generator
> Suite 101
Scitor Corporation provides engineering, financial, management
Tenant Since:
Tenant’s premises includes a Sensitive Compart-
> 5,087 SF - Divisible to 1,000 SF
cycle management support, business process improvement, co
configuration management, data/records management, databas
> Vacant- Available Now
design, enterprise architecture, facilitation, feasibility assessmen
assurance, integrated logistics support, launch operation, netwo
project management, and program/project management suppo
RATE
integrated program management plans. It also provides program
analysis, rapid prototyping support, security support, strategic p
support, studies and analysis, survey, systems engineering, and
and transition plans, as well as systems architecture, design, an
> $2.65 PSF FSG
Scitor Corporation was founded in 1979 and is based in Herndo
Scitor works primarily for US government agencies, including th
Defense and the Air Force. The company is controlled by private
Green & Partners.
Other Notes:
mented Information Facility (SCIF), an enclosed
areaLand
thatArea:
is used to process
Sensitive
Com3.235 acres
(140,914
square feet)
partmented Information (SCI) level Classified
information.
Building Exterior: 185 S. Douglas
Exposed aggregate pre-cast concrete panels and aluminum
framed glazing systems.
2270 East El Segundo
Stucco finish applied over bricks set between steel columns.
181 S. Douglas
Concrete framing system of the exterior of the structure.
Sprinkler System:
Both office buildings are fully sprinklered with automatic wet-pipe
fire systems. The 185 bldg. has one 4” riser with 0.12 gallons
per minute PSF. The 2270 bldg. has one 3” riser with 0.10
gallons per minute. ADT currently monitors the system. The
ING DESCRIPTION
s:
O F F E R I N G
parking structure is provided with Class 2 standpipe system with
15
Tenancy
DOUGLAS
BRAWN
185 S. Douglas Street (office building)
LICENSE
NO.
01315555
181 S. Douglas
Street
(parking structure)
2270 El Segundo Rd. (one-story NNN office bldg.)
310
321 1880
Two buildings and one parking structure
EL
SEGUNDO, CA
185
South Douglas – 4138-013-028
[email protected]
2270 El Segundo – 4138-013-029
occupant fire hoses on each level.
181 - 185 S. Douglas St. & 2270 El Segundo Rd.
THACHER
GOODWIN
COLLIERS INTERNATIONAL
Structural System: Foundations for all three structures are supported on shallow
concrete
foundation
systems
with
isolated
spread
footings.
LICENSE NO. 01758949
2121 ROSECRANS AVE.
310 Parking:
321 1821 Ratio: 9.43 parking spaces per 1,000 square feet of building area
SUITE 3301
EL SEGUNDO, CA
EL SEGUNDO, CA
Covered: 561 parking spaces provided in the parking structure
[email protected]
www.colliers.com
Surface: 59 surface parking spaces
I N V E S T M E N T
O F F E R I N G
M E M O R A N D U M
Offering Summary
Address:
EXISTING
VESTIBULE
Year Completed:
Lot Size:
Net Rentable Area:
Number of Floors:
Parking:
BUILDING ENTRY
AERIAL PHOTOGRAPH
185 S. Douglas is a two-story, elevator served office building totaling 59,395
rentable square feet. 2270 E. El Segundo is a single-story, single occupant, office
Captive Tenant Base
building totaling 6,362 rentable square feet that is situated on its own parcel. The
El Segundo is the hub of the region’s aerospace industry and extraordinary intellectual capital.
Furthermore, the property is located
directly across
the street
from
Los Angeles
Air Forceparking
Base structure that services
185 Douglas
building
shares
itsthe
parcel
with a 4-story
and Aerospace Corporation and continues to attract defense and aerospace related tenants due to
buildings
adjacent
data center
located
at 2260 E. El Segundo (not
the necessity of these tenants both
to remain
close toand
the the
LAAFB
and Aerospace
Corporation
campuses.
405
N
a part). The parking
structure contains 561 spaces and, when combined with
LAX
1ST
FLOOR
available
surface
parking, the property is served by an impressive 9.43:1,000 RSF
HYPOTHETICAL
parking ratio. RESIDUAL SUITE
Metro Green Line
105
AREA AERIAL VIEW
Occupancy
Offering Price
Year One Net Operating Income:
Estimated Replacement Cost:
CALIFORNIA
6083 Bristol Parkway
Culver City, CA 90230
T (310) 553-3252
F (310) 553-9449
CALIFORNIA
ta
Vis
St.
405
ar
lM
De
The property is located directly across the street from the Los Angeles
Air Force
185 Douglas
Base and Aerospace Corporation. With its strategic location, the property has
attracted defense / aerospace related tenants due to the necessity of these tenants
to remain close to LAAFB and Aerospace Corporation campuses.
LAX
SITE
Avalon Blvd
d
oa
R
Century Blvd
Manches
Western Ave
n
io
at
vi
A
et
re
St
Property Description
las
ug
Do
reet
h St
Nas
11
Manchester Blvd
01/17/14
Aviation Blvd
the edge
DueMaple
to the Avenue
abundant on-site parking and an existing reciprocal parking rights that
runMariposa
with the lotAvenue
between the two subject buildings, an investor has the potential
to redevelop a portion of the Property (2270 E. El Segundo) into an approximate
40,000 square-foot, two-story office building or retail center, the latter requiring a
rezoning of the lot. Additionally, an investor can increase returns through third party
leasing of excess parking spaces in the parking structure not utilized by tenants of
El Segundo
Blvd property.
SITE
the subject
181-185 S. Douglas Street
2270 El Segundo Boulevard
El Segundo, CA
1980
3.235 acres (140,914 square feet)
65,757 square feet
1 and 2
561 Structure Spaces / 59 Surface Spaces
9.43/1,000 Rentable Square Feet
100%
Submit Bid
$1,233,804
$26,359,246 ($400.86 PSF)
Imperial Hwy
Hawthorne Blvd
FIRE EQUIP.
ROOM
Voit Real Estate Services, as exclusive advisor, is pleased to present the opportunity
to acquire fee simple interest in 181-185 S. Douglas Street and 2270 El Segundo
Boulevard in El Segundo, CA (the “Property”). The offering is comprised of a
100% leased, approximate 65,757 square-foot, two-building office park and
adjacent parking structure located at the southwest corner of Douglas Street and El
Segundo Boulevard in the heart of the El Segundo office market.
Sepulveda Blvd
T
>> Interior View of Vacant Space
>> Sample Floor Plan
Se
pu
lve
da
Blv
d
LC.
FLOOR PLAN
105
El Segundo Blvd
Rosecrans Blvd
110
Artesia Blvd
181-185 S. DOUGLAS STREET & 2270 E. EL SEGUNDO BOULEVARD, EL SEGUNDO, CALIFORNIA
181 - 185 S. Douglas St. & 2270 El Segundo Rd., El Segundo, CA
Exclusively Listed by:
Alan S. Pekarcik,
SIOR
N. Vittone, SIORTHACHER
DOUGLAS BRAWN Daniel
GOODWIN
Senior Vice President
Executive Vice President
LICENSE NO. 01315555(949) 263-5328 LICENSE
NO. 01758949
(949) 263-5308
[email protected] 310 321
[email protected]
310 321 1880
1821
EL SEGUNDO, CA
CA• Fax: (949) 253-9705 • www.team-pv.com
2020 Main Street, Suite 100 EL
• Irvine,SEGUNDO,
CA 92614 • (949) 851-5100
[email protected]
[email protected]
Local Market Specialists:
Stephen Cramer
Douglas M. Brawn
Jones Lang LaSalle
(310) 480-2400
Colliers International
(310) 381-2480
Managing Director
[email protected]
Vice President
[email protected]
515 South Flower Street, Suite 1300 • LA, CA 90071 2050 W. 190th St., Ste. 101 • Torrance, CA 90504
Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This
publication is the copyrighted property of Colliers International and /or its licensor(s). 2010. All rights reserved.