1500 W Covina Pkwy, West Covina, CA 91790

Lee & Associates is pleased to present for sale the fee simple interest in Lakeside Community Healthcare, a single-tenant medical office investment located at 1500 West Covina Parkway in West Covina, California within the Los Angeles MSA. The property consists of a 25,836 square foot, two-story medical office building situated on 1.53 acres with a strong parking ratio of 5 per 1,000 square feet. Originally constructed in 1963 and renovated in 2006 and 2010, the asset recently received a new roof and elevator systems in 2025, further enhancing its long-term durability.

The property is leased on a true NNN basis to West Covina Medical Clinic, Inc. dba Lakeside Community Healthcare, with a corporate guaranty from Lakeside Medical Organization, an affiliate of Heritage Provider Network. The lease extends through November 30, 2031 following a recent early extension, and features 3% annual rental increases with two additional five-year renewal options. The tenant has operated successfully at this location since 2005, demonstrating long-term commitment to the site and benefitting from integration within the broader Heritage Provider Network platform, which supports recurring patient volume and stable managed care revenue streams.

Strategically positioned just off Interstate 10 with traffic counts exceeding 193,000 vehicles per day, the property serves a dense infill trade area with approximately 482,587 residents within a five-mile radius. The asset is located near Emanate Health Queen of the Valley Hospital, a 325-bed acute care facility, and is surrounded by established medical, retail, and residential developments. West Covina is a well-established community in eastern Los Angeles County with strong household incomes and access to major transportation corridors, providing durable fundamentals that support continued outpatient medical demand and long-term tenant stability.