Investment Summary
| Offering Price | $7,341,000 |
| Lease Term | 15 Years |
| Occupancy | 100% |
| Total Rentable Area | ±13,750 SF |
| Total Land Area | ±1.43 Acres |
Investment Highlights
- Long Term, Single Tenant NNN Leased Investment With Credit Tenant
- Exceptional opportunity to acquire a single tenant 100% NNN medical office building leased to DaVita, one of the nation’s largest dialysis service providers with annual revenues exceeding $13.78 Billion.
- Leased long-term for 15 years, an investor will enjoy ease of ownership and a passive long term stable cash yield. In addition, the property is being delivered completely free and clear of debt, enabling the investor to take advantage of historically low interest rates.
- Mission Critical Location With Close Proximity To Palmdale Regional Medical Center
- This location was specifically selected by the tenant after a thorough market analysis due to strong projected patient demand. The asset is situated in a medical office market that is characterized by a large and rapidly growing patient base with a high percentage of insured patients and strong patient demand. The service area is projected to grow 8.66% over the next 5 years.
- Strategically located directly off the 14 Freeway and W. Palmdale Blvd., the property is less than a mile away from the Palmdale Regional Medical Center (PRMC), a 157 acute care bed hospital with approximately 800 employees and services the entire Antelope Valley. The hospital is currently undergoing a major expansion. It is also walking distance from new residential and well located retail that services the whole community.
Click to Download Offering Memorandum
Contact Information
Gary Stache
Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com
Doug Mack
Lic. 01804065
+ 1 949 725 8571
doug.mack@cbre.com
Nick Svendsen
Lic. 01940653
+ 1 949 725 8471
nicholas.svendsen@cbre.com
John Read
Retail Advisor
Lic. 01359444
+1 949 725 8606
john.read@cbre.com
Mark Shaffer
Los Angeles Market
Lic. 01253743
+1 213 613 3758
mark.shaffer@cbre.com
Matt Pourcho
San Diego Market
Lic. 01705763
+1 858 546 4622
matt.pourcho@cbre.com
Specializing in the Sale of Low Rise Office and Industrial Properties in Southern California
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