Property History
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Marketing Description
Elevator served, 71% occupied medical investment
opportunity built in 1987 with 55 freeway frontage, a Medicare
certified surgery center, and surrounded by amenities.
Investment Highlights
- Incredible Santa Ana location with 55 Freeway frontage, minutes to John Wayne Airport, and within walking distance to amenities.
- Recent CAPEX includes, elevator modifications, new building paint, numerous HVAC replacements, roofing work, and in-suite tenant improvements. Nearly $500K has been spent recently.
- High-image interior buildout with modern and creative finishes.
- Incredible opportunity to own a high-occupancy medical investment with a WALT of 6.3 years, and immediate upside of filling the remaining vacancies.
- Anchored by Acuity Eye Group, occupying 54% of the property, who just signed a 7-year lease extension, proving their commitment to this location.
- Tenants enjoy an oversized atrium centered in the property with lush greenery and relaxing seating areas.
- Medicare certified Ambulatory Surgery Center located on the first floor with Quad A accreditation.
- Restaurants and amenities are in close proximity as seen on the amenities map (Page 6).
- Priced to sell at $299/SF and a 7.7% cap rate with 87% occupancy, this offering is a tremendous value compared to the sale comps.
Public Record 1
Public Record 2
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Contact Information
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Ownership Information
Property Details
There are no additional details for this property
Contacts
Listing removed on
BY:
Steve Economos
•••.•••.2750
•teve@••••••••••••••.com
Listing removed on
BY:
Matt Economos
•••.•••.9550
matt@••••••••••••••.com
Listing removed on
BY:
Geoff DeWolf PRO
•••.•••.2751
•eoff@••••••••••••••.com
Listing removed on
BY: David Economos
•••.•••.8405
•avid@••••••••••••••.com
Map
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