16315 E Whittier Blvd
Whittier, CA 90603
PRICE REDUCTION-Whitmar Medical Dental Center · Office Property For Sale

THE WHITMAR MEDICAL DENTAL BUILDING Marcus & Millichap has been selected to exclusively market for sale the Whitmar Medical Dental building located at 16315 Whittier Boulevard in Whittier, CA. Whitmar Medical Dental Building is a two-story, 100% leased medical building that has undergone significant upgrades and improvements. 16315 Whittier Boulevard is 100% leased to a strong tenant roster of doctors and dentists. The building has excellent visibility with 152 feet of frontage on Whittier Boulevard and excellent parking. The building has been significantly improved and upgraded with a brand new roof, 15 new air conditioning units, new common area LED lighting, new flooring throughout, new exterior and interior paint, a complete remodel of the patio, a new storefront in the entry, new railing, new gates, new exterior lighting, new stairs, and new pavement. This fully stabilized asset offers a stable and secure cash flow with minimal rental downside. 68% of the occupancy are on lease terms for a minimum of ten years, creating a very safe and stable investment opportunity. The average unit size is 1,348 square feet, which is an ideal sized footprint. 82% of the units are less than 2,000 square feet. 16315 Whittier is located walking distance to many amenities including Subway, The Original Pancake House, Bluefin Sushi & Terriyaki, and Orchard’s Fresh Foods. Located just a mile away on Whittier Boulevard is Whitwood Town Center, a 65-acre destination shopping center. It is home to major retailers, dining, and green space. Whittier is a dense, upscale neighborhood located 12 miles east of Downtown Los Angeles. Whittier has a population of approximately 88,061 and is home to Whittier College, a private liberal arts college.