For Sale: New to Market – Medical Office Building for Sale – 3680 East Imperial Highway, Lynwood, California

Investment Summary

Offering Price $17,500,000 ($270 PSF)
Property Size +/- 64,780 SF
Year 1 Cap Rate 6.20%
Year 3 Cap Rate 7.03%
Year 3 Cash on Cash 9.24%

Investment Highlights

  • Stable Cash Flow Medical Office Investment Adjacent To Hospital
    • The overall medical office vacancy within a three mile radius of the property is 6.10% and average vacancy since 2006 is a very low 7.38%.
    • Located within 5-miles of 6 hospitals and within walking distance to Saint Francis Medical Center. Saint Francis Medical Center is a 384 bed acute care hospital with two community-based health clinics, and one of the largest and busiest private emergency trauma centers in Los Angeles County.
    • Priced at $17,500,000 ($270 PSF), the asset is offered significantly below the estimated replacement cost of $23,741,000 ($366 PSF).

Click to Download Offering Memorandum

Contact Information

Gary Stache
Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com

Mark Shaffer
Lic. 01253743
+1 213 613 3758
mark.shaffer@cbre.com

Anthony Delorenzo
Lic. 01706686
+1 949 725 8425
anthony.delorenzo@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

San Diego Market

Matt Pourcho
Lic. 01705763
+1 858 546 4622
matt.pourcho@cbre.com

Specializing in the Sale of Low Rise Office and Industrial Properties in Southern California

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In