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
gary.stache@cbre.com
Doug Mack
Lic. 01804065
+1 949 725 8571
doug.mack@cbre.com
Nick Svendsen
Lic. 01940653
+ 1 949 725 8471
nicholas.svendsen@cbre.com
Mark Shaffer
Los Angeles Market
Lic. 01253743
+1 213 613 3758
mark.shaffer@cbre.com
Matt Pourcho
San Diego Market
Lic. 01705763
+1 858 546 4622
matt.pourcho@cbre.com
Specializing in the Sale of Low Rise Office and Industrial Properties in Southern California
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