For Sale: Long Term 100% Leased Single-Tenant NNN Investment | 11832-11846 Rosecrans Avenue | Norwalk, California

Investment Summary

Offering Price $5,800,000
Occupancy 100%
Year 1 Leveraged Cash on Cash 7.14%
Lease Expiration 02/27
Total Rentable Area ±18,984 SF
Total Land Area ±1.39 Acres

Investment Highlights

  • Long Term 100% NNN Leased Single-Tenant Medical Office with Stable Cash Flow
    • Long-term 10+ year lease to Avanti Hospitals, a Los Angeles-based hospital system and high-quality healthcare service provider whose strategy includes improving operations and adding financial assistance to hospitals in underserved locations. Avanti Hospitals owns and operates four community hospitals (500 beds) within Los Angeles County.
    • Avanti Hospitals has leased this property on a long-term basis with the initial lease expiring in February 2027. The lease includes one – five year renewal option. This is a critical location for Avanti as the building resides within the footprint of their hospital portfolio. Investors will benefit from ease of ownership with stable, passive income with a low risk in-place cash flow yield. In addition, the property is being delivered completely free and clear of debt, enabling the investor to take advantage of historically low interest rates.
  • Excellent Location with Strong Amenity Base
    • Excellent freeway access to the I-5 and I-605 freeways via Rosecrans four way interchange which provides access to most of Southern California. Rosecrans Avenue is one of Los Angeles’ major East/West thoroughfares and includes some of the county’s most critical and frequently visited retail destinations and residential communities.
  • Priced at $5,800,000; Significantly Below the Estimated Replacement Cost of $7,781,000.

Click to Download Offering Memorandum

Contact Information

Gary Stache
Lic. 00773736
+1 949 725 8532

Doug Mack
Lic. 01804065
+1 949 725 8571

Nick Svendsen
Lic. 01940653
+ 1 949 725 8471

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

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

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

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