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For Sale: Major Price Reduction: Medical Office Investment | 8.18% Cap Rate | North LA County

Investment Summary

Offering Price $4,552,387   $4,398,888      
Year 1 Cap Rate 8.18%
Year 1 Leveraged Cash on Cash 11.61%
Occupancy 100%

Investment Highlights

  • Stable Cash Flow Investment
    • Unique Opportunity to acquire a 100% leased investment with five quality tenants. Tenants include: County of Los Angeles, Dr. Eshak Pharmacy, Proactive Wellness, Board of Equalization, and Antelope Valley Hospital.
    • Both the County of Los Angeles and California State Board of Equalization rarely move and have significant amounts of capital invested in their space ensuring long term occupancy.
  • Attractive, Newly Constructed Project with Strong Medical Office Fundamentals
    • Medical office fundamentals continue to be strong in Lancaster with a 3.8% vacancy rate for all medical buildings in the 5-10k size range. The limited supply of 5-10k medical office buildings in the area will lead to shorter lease up time for vacant space and an opportunity future rental increases.
  • Close Proximity to Antelope Valley Hospital and Excellent Amenity Base
    • Located less than a one minute walk from the Antelope Valley Hospital. The Antelope Valley Hospital is a full-service 420-bed, not-for-profit, acute care, medical and surgical hospital established in 1955. The hospital is situated on 115 Acres and has a 57% market share, 450 Physicians in 66 specialties, 2,500 employees, 400 volunteers and 200,000 patients each year.

Click to Download Offering Memorandum

Contact Us

Gary Stache
Lic. 00773736
+1 949 725 8532

Nicholas Svendsen
Lic. 01940653
+ 1 949 725 8471

Doug Mack
Lic. 01804065
+ 1 949 725 8571

Mark Shaffer
Los Angeles
Lic. 01253743
+1 213 613 3758

Matt Pourcho
San Diego
Lic. 01705763
+1 858 546 4622

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

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