Listed by Colliers - Fresno, California
$699,000
1205 Garces Highway Suites 301 & 306
Details
APN 424-220-05-00-9; 424-220-04-00-6
Property Type Office
Sub Type Medical Office
Square Footage 3,578
Units 2
Cap Rate 5.65%
NOI $44,291
Year Built 1984
Buildings 1
Zoning GC, City of Delano
Investment Type Value Add
1205 Garces Highway, Suites 301 & 306, Delano, CA 93215
Marketing description
Colliers | Fresno is pleased to present the opportunity to acquire a two-unit medical office condo portfolio totaling approximatley 3,578 square feet located within a well-established healthcare corridor in Delano, CA. This offering provides investors with stable in-place income, strong medical tenancy fundamentals, and the ability to acquire two complementary units within the same medical campus environment.
Investment highlights
- Portfolio Control - Two units within same medical complex
- Attractive Yield - 6.4% CAP on in-place income
- Medical Office Stability - Defensive, needs-based asset class
- High NOI Efficiency - on Suite 301
- Strong Healthcare location
Listing Contacts
Listed by Colliers - Fresno, California
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,291.00
$3,690.92/mo
Valuation Metrics
0
DSCR
6.34%
Cap Rate
6.34%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
