Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 11925 Wilshire Boulevard, a 33,162 square-foot, three-story office building located in the Brentwood submarket of Los Angeles.
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Built in 1991, renovated in 2016, and continuously updated, the property offers a turn-key creative design and modern layout to accommodate today’s tenants. With ample, usable outdoor space throughout the building, tenants can easily host outdoor meetings or entertain clients on the 2,622 square-foot second floor terrace.
Located in Brentwood, one of Westside Los Angeles’ most desirable submarkets, the high image property commands views from more than 45,000 cars per day and provides quick access to I-405 and I-10. The property also offers two levels of secure, underground parking. Proximate to all the shopping and dining options on Wilshire Blvd. and San Vincente Blvd, the tenant amenities are abundant.
11925 Wilshire Blvd. provides optionality for owner/users and additional, secure income with a new, 10-year lease on the ground floor to UP Fitness. Owner/users have the option to occupy 24,842 square feet on the 2nd and 3rd floors, 13,592 square feet on the 2nd floor or 11,250 square feet on the 3rd floor. The possibility of adding a +/- 3,000 square-foot rooftop deck further expands the vast potential that 11925 Wilshire Blvd. offers.