5100 S. Eastern Ave

5100 S. Eastern Ave 5100 South Eastern Avenue
Commerce, CA 90040

  • $12,250,000

    Asking Price

  • 6.83%

    Cap Rate

  • 100%

    Occupancy

  • 2.98 Years

    WALT

  • Office

    Property Type

  • 46,980

    Square Feet

Sale Summary

Address

  • 5100 South Eastern Avenue
    Commerce, CA 90040

Sale Details

  • Sale Price$12,000,000
  • Sale Price PSF$255
  • Closing Date6/22/2021

Sale Description

Newmark Private Capital Group, in partnership with Lee & Associates, is pleased to have represented the seller in the successful disposition of 5100 S Eastern, a 46,980-square-foot, highly functional, multi-tenant office building in Commerce, CA. The Property is currently 100% leased by three tenants, with Roland Corporation occupying 69% of the building as their U.S. Headquarters. This location has served as their U.S. Headquarters since 1999.

Address

  • 5100 South Eastern Avenue
    CA 90040

Sale Details

  • Sale Price$12,000,000
  • Sale Price PSF$255
  • Closing Date6/22/2021