Transaction Summary
Price | $3,375,000 |
CAP Rate | 7.87% |
Gross Leasable Area | 25,765 SF |
Price/SF | $130.99 |
Lot Size | 1.95 Acres |
Current Occupancy | 88% |
Transaction Highlights
- Two Multi-Tenant Medical Office Buildings Totaling 25,765 SF
- 88% Overall Occupancy, Rideout Health Group Occupies 44% (BBB Credit Rating)
- Well Staggered Leases In-Place
- $131/SF – Well Below Replacement Cost
Contact Information
Nick Reese
Associate
D: 949.419.3307
NReese@marcusmillichap.com
CA: 01912936
John Smelter
First Vice President Investments
D: 858.373.3233
JSmelter@marcusmillichap.com
CA: 00859006
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