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September 20, 2018
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SOUTHERN CALIFORNIA NEWS
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San Dimas Warehouse Property Sells for Over $4 Mil

2/21/18

A two-building, 37.8k sf warehouse property in San Dimas, sold for $4.16 mil, or $110/sf. The multi-tenant buildings are located on 2.8 acres at 712-722 West Cienega Ave, south of Arrow Hwy and just west of the 57 Fwy.

One of the buildings, at 712 West Cienega Ave, is 8k sf in size, divisible into three units. The other building, at 22 West Cienega Ave, totals 29k sf and is also divided into three units. The property has a fenced yard and ample parking.

The property offers great visibility from the street and freeway with excellent access to the 57 Fwy. At the time of sale, the project was 60% leased.

Ryan Campbell, SIOR, with NAI Capital, represented the buyer, a private investor. The seller was Farmers and Merchants Trust Company of Long Beach.





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