HUNTINGTON DRIVE ARCADIA CALIFORNIA. Prime Arcadia Retail/Office Sale Opportunity on Historic Route 66. Presented by

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1 15-17 E. HUNTINGTON DRIVE ARCADIA CALIFORNIA E. Huntington Drive, Arcadia, CA Prime Arcadia Retail/Office Sale Opportunity on Historic Route 66 Presented by

2 EXECUTIVE SUMMARY Lee & Associates - Pasadena, Inc. is pleased to present for sale this multi-tenant, single-story inline retail/office building located on Historic Route 66 at E. Huntington Drive in the city of Arcadia, California. Nestled along the base of the San Gabriel Mountains, this building is ideally situated in the coveted area of Downtown Arcadia which is adjacent to Santa Anita Park, Santa Anita Golf Course and Santa Anita Westfield Mall, making this property ideal for an owner-user in the market for retail/office with high traffic visibility in a prime downtown setting. PROPERTY ADDRESS E. Huntington Drive, Arcadia CA ASKING PRICE $2,000,000 ($ PSF) NET RENTABLE AREA ±3,377 RSF LOT SIZE ±6,996 SF YEAR BUILT 1948 PARKING RATIO 2.96/1,000 plus free City Parking Lot TENANCY Multi STORIES One (1) ZONING C2H* PARCEL NUMBER Excellent Owner-User Opportunity on Historic Route 66 Multi-tenant, single-story, inline retail/office building available with storefront exposure on Historic Route 66 Currently leased to two tenants; one tenant on month-to-month and second tenant with lease expiration date of June 30, Downtown Business District location Abundant parking both at private parking lot and free city parking lot Dual entry access from street and back parking lot Building Signage at front and back of property Near corner of signalized intersection at Santa Anita Avenue & Huntington Drive Benefits from the highly desirable storefront visibility and heavy vehicle traffic count of over 32,042 cars daily Premier location in the coveted Downtown Arcadia only minutes from major retail center Westfield Mall and entertainment venue at Santa Anita Park Easy access to the I-210 freeway & walking distance to Metro Goldline transit station Heavily populated city with little in-fill opportunity Strong demographics surrounding property with over 363,116 residents within a five mile radius with an average household income of $97,569

3 PROPERTY PHOTOS // STOREFRONT Storefront view along Huntington Drive Storefront view of 17 E Huntington Drive Storefront view of 15 E Huntington Drive East View on Huntington Drive

4 PROPERTY PHOTOS // INTERIOR Main entrance to 15 E Huntington Drive Inside 15 E Huntington Drive Main entrance to 17 E Huntington Drive Room inside 17 E Huntington Drive

5 PROPERTY PHOTOS // PARKING View of private parking lot and back entry to building View of north entrances Additional free city parking located behind building Signalized corner of one of Arcadia s busiest intersections; Huntington & Santa Anita

6 PLAT MAP 7

7 REGIONAL MAP LOCATION PROPERTY santa anita avenue e. Huntington drive N PROPERTY N

8 AERIAL MAP LOCATION PROPERTY Metro Goldline Santa Anita Park Methodist Hospital City Hall The Areum ARCADIA BOUNDARY MONROVIA BOUNDARY Huntington Oaks Center Santa Anita Golf Course N WHEELER AVE. FREE CITY PARKING S. SANTA ANITA AVE. PROPERTY ALLEY LANE N. 1ST AVE. E. HUNTINGTON DRIVE

9 DOWNTOWN ARCADIA PROPERTY DOWNTOWN ARCADIA BUSINESS DISTRICT The Metro Gold Line light rail station in Downtown Arcadia provides a direct, high volume mass transit connection to and from Pasadena and Downtown Los Angeles with early morning and late night service 7 days a week. Three (3) free and convenient public parking lots are located in Downtown Arcadia with over 300 spaces for use by shoppers and visitors to the area.

10 LOCATION INFORMATION World Class Location Arcadia is a city in Los Angeles County, California, located about 13 miles northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. Boasting major venues including the Santa Anita Park racetrack and the 127 acre Los Angeles County Arboretum and Botanic Garden. Arcadia is a high-end retail shopping destination home to Westfield Santa Anita; 1.3 million square foot super regional shopping mall. In 2016, Arcadia was ranked the 5th most expensive housing market in the United States by Business Insider, with an average list of $1,748,680 for a four-bedroom home. In 2012, Arcadia was ranked 7th in the nation on CNN Money magazine s list of towns with highest median home costs. Arcadia s Upper Rancho neighborhood was ranked the 23rd richest neighborhood in Southern California by Business Insider in 2014; out ranking Orange County s Newport Beach with a mean household income of $310,779. In 2010, Bloomberg Business Week named Arcadia as one of the Best Places to Raise Your Kids: 2010 for the second year in a row. U.S. Route 66, passes through Arcadia, on Huntington Drive in Downtown Arcadia.

11 DEMOGRAPHICS Skilled Workforce & Affluent Community Arcadia had a population of 56,364 at the 2010 census, up from 53,248 at the 2000 census. In 2006, the median income for a household in the city was $104,992. Highly skilled workforce with higher than California average of residents with Bachelor s Degrees at 33.2%. Arcadia s economy is driven by wholesale trade, retail trade, manufacturing, health care and social assistance, arts, entertainment, and recreation.

12 15-17 E. Huntington Drive, Arcadia, CA E. HUNTINGTON DRIVE ARCADIA CALIFORNIA local market investment advisors CHRISTOPHER LARIMORE President [ direct ] clarimore@lee-associates.com Lic. No VINCENT MOLITOR Principal [ direct ] vmolitor@lee-associates.com Lic. No Lee & Associates Pasadena, Inc. Office Market Group Pasadena Corporate ID# A Member of the Lee & Associates Group of Companies 155 N. Lake Avenue, Suite 430 Pasadena, CA [ main ] 2018 Lee & Associates, Inc. The information contained in this document has been obtained from sources believed reliable. While Lee & Associates, Inc. does not doubt its accuracy, Lee & Associates, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.