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2057 Compton Ave
Corona, CA 92881
Corona Medical Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
10,340 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,340 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
0.91 AC
Zoning
CG - General Commercial
Parking
40 Spaces (3.87 Spaces per 1,000 SF Leased)

ABOUT 2057 COMPTON AVE , CORONA, CA 92881

LONG-TERM 100% NNN LEASED MOB WITH CREDIT ? 100%, NNN-leased medical office building with two long-term tenants: DaVita, one of the nation’s largest dialysis service providers with 2017 revenues totaling $10.88 Billion, and Nephrology Associates Medical Group (NAMG), one of Southern California’s premier kidney care practitioners. DaVita occupies 81% of the building and has been operating at this location since 2012. ? With both leases through 2023, an investor will enjoy secure, stable cash flow with a credit tenant group that rarely relocates due to the cost of improvements and specific requirements for location identification. * The complementary nature of the two tenants provide the convenience of a full-service kidney and dialysis treatment center, further establishing the likelihood of long-term tenancy for the property. * 2008 construction and NNN leases allow for ease of management and creates a passive income stream for years to come. FREEWAY-ADJACENT LOCATION, SURROUNDED BY AMENITIES AND IDEAL DEMOGRAPHICS * Located within the Corona Corporate Center, the Property benefits from immediate access to the I-15 and SR-91 freeways, as well as being within walking distance of an abundance of retail amenities. * Incredible Southern California demographics with a 5-mile population of 210,058, of which have an average household income of $100,018. STRONG MARKET FUNDAMENTALS * Strong demographics and tenant demand in a tightening market will continue to support the value of this asset long term, as CBRE Econometric Advisors has forecast medical office rents to grow 15.9% over the next five years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 278-231-040
  • 278-231-039
  • 278-231-041
Land Assessment
$512,013
Improvements Assessment
$5,232,893
Total Assessment
$5,744,906
  • Listing ID: 14035916

  • Date on Market: 10/10/2018

  • Last Updated:

  • Address: 2057 Compton Ave, Corona, CA 92881

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