Investment Summary
CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 3680 East Imperial Highway (the “Property”). The ±64,780 square foot, five-story, stabilized medical office building is situated on ±2.01 acres of land. The Property is 84% occupied with fourteen tenants and an average remaining lease term of four years. The Property benefits from a large, growing patient base with high procedure volumes and a location within walking distance of the Saint Francis Medical Center, a member of the Verity Health System (a 6-campus hospital system based in California).
Investment Overview
| Address | 3680 E. Imperial Highway, 11011-11005 Stockwell, 3621 Martin Luther King Jr., Lynwood, CA |
| Offering Price | $17,500,000 ($270 PSF) |
| Property Size | +/- 64,780 SF |
| Land Size | +/- 2.01 Acres |
| Year 1 NOI | $1,019,607 |
| Year 1 Cap Rate | 5.83% |
| Year 3 NOI | $1,242,843 |
| Year 3 Cap Rate | 7.10% |
| Year 3 Cash on Cash | 8.08% |
| 10 Year All Cash IRR | 8.11% |
| 10 Year Leveraged IRR | 11.28% |
| Occupancy | 84.47% |
For More Information
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
Anthony Delorenzo
Lic. 01706686
+ 1 949 725 8425
anthony.delorenzo@cbre.com
CBRE | Newport Beach
3501 Jamboree Rd. Ste 100
Newport Beach, CA 92660
F +1 949 725 8500
www.cbre.com
CBRE – Specializing in the Sale of Office and Industrial Properties in Southern California
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