The Offering
Offering Price: |
$17,000,000 |
Cap Rate: |
5.53% |
Square Feet: |
40,041 |
Year Built: |
2003 |
Percentage Leased: |
93.30% |
In-Place NOI: |
$940,716 |
CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the fee-simple interest in Chino Hills Professional Plaza MOB (the “Property”), a medical office building located in one of the most affluent markets in Southern California.
Built in 2003, the Property is 93.3% leased, of which approximately half is occupied by Pomona Valley Hospital Medical Center (S&P ‘BBB’), a 437-bed, fully accredited, acute care hospital serving eastern Los Angeles and western San Bernardino counties. In addition to the hospital, which offers primary care, urgent care, imaging, and physical therapy services, the building features medical services that include dermatology, obstetrics & gynecology, dentistry and orthodontics, genetic research, healthcare industry staffing, preventive cardiology and a pharmacy.
Investment Highlights
- Anchored by Pomona Valley Hospital Medical Center (Standard & Poor’s ‘BBB’)
- Exceptional Demographics
- Well-Leased to a Synergistic Tenant Mix
- Easily Accessible, High Traffic Location
- Proximity to Major Medical Institutions
- Appealing Aging Trends
- Delivered Free and Clear of Existing Debt
Contact Information
CBRE U.S. Healthcare Capital Markets Group
Chris Bodnar
CA Lic. 01892501
Executive Vice President
+1 303 628 1711
chris.bodnar@cbre.com
Lee Asher
Executive Vice President
+1 404 504 5965
lee.asher@cbre.com
CBRE Investment Capital Markets
Gary Stache
CA Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com
Anthony DeLorenzo
CA Lic. 01706686
+1 949 725 8425
anthony.delorenzo@cbre.com
CBRE Medical Office Leasing Expert
John Oien
CA Lic. 01218278
+1 909 418 2135
john.oien@cbre.com
CBRE, Inc.
CA Brokerage Lic. 00409987
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