The Offering
- Offering Price: $16,335,000
$17,000,000 - Cap Rate: 6.0%
5.53% - Building Square Feet: ±40,041 SF
- Year Built: 2003
- Percentage Leased: 100%
93.3% - In-Place NOI: $980,115
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 100% 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.
A lease for suite 145 is currently pending and is assumed to be executed as part of our analysis.
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
Click to Download Offering Memorandum
Contact Us
CBRE U.S. Healthcare Capital Markets Group
Chris Bodnar
Lic. 01892501
+1 303 628 1711
chris.bodnar@cbre.com
Lee Asher
GA Lic. 157970
+1 404 504 5965
lee.asher@cbre.com
CBRE Capital Markets Investment Properties
Gary Stache
Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com
Anthony Delorenzo
Lic. 01706686
+1 949 725 8425
anthony.delorenzo@cbre.com
CBRE Medical Office Leasing Expert
John Oien
Lic. 01218278
+1 909 418 2135
john.oien@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
