612 W Duarte Rd, Arcadia, CA 91007, Arcadia, CA 91007
sale
$16,800,000
|
Office
Courtesy Of Coldwell Banker Realty
PRIME MEDICAL BUILDING FOR SALE PROPERTY DESCIPTION: Situated on a wide, high-visibility frontage along West Duarte Road in Arcadia, 612 W. Duarte Road offers 57,653 square feet of office/medical space on a 3.05-acre site. The building is home to an on-site pharmacy and an outpatient radiology center, anchoring it as a true one-stop medical destination for patients and tenants alike. The property is surrounded by a strong cluster of complementary medical buildings, reinforcing its position within an established healthcare corridor, and benefits from excellent nearby retail amenities that serve both patients and tenants. The building features an expansive on-site parking lot with 226 spaces - a rare and valuable amenity in the San Gabriel Valley office market - along with recently retrofitted elevators that enhance building functionality and support long-term tenant retention. Built in 1965 and well-maintained, the property presents an attractive combination of scale, accessibility, and parking density uncommon among comparable office and medical buildings in the San Gabriel Valley. Investment Opportunity: 612 W. Duarte Road represents a rare opportunity to acquire an iconic, landmark building in Arcadia, CA - a well-known asset along one of the city's most established medical and office corridors. Beyond its irreplaceable positioning, the property offers a compelling value-add play: an investor can renovate individual suites and reposition the asset to capture rental rate growth, as current in-place rents remain below market for renovated medical/office product in the area. With on-site pharmacy and outpatient radiology services already in place, the property benefits from built-in patient draw and tenant synergy that few comparable buildings can offer. Combined with its abundant parking ratio, retrofitted elevator systems, and surrounding medical/retail ecosystem, 612 W. Duarte Road is well-positioned for a renovation-driven repositioning strategy that could meaningfully improve NOI and long-term asset value.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 7B3YRX
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