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210 W 6th St
Beaumont, CA 92223
Health Care Property For Sale
·
11,107 SF
PROPERTY FACTS
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Rehabilitation Center | Year Built | 1910 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.34 AC | Parking Ratio | 2.11/1,000 SF |
| Building Size | 11,107 SF | ||
| Zoning | M1, Beaumont | ||
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 11,107 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Tenancy | Single |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | M1, Beaumont |
ABOUT 210 W 6TH ST , BEAUMONT, CA 92223
Single Tenant NNN - Behavioral Health - Riverside ATTENTION LIKE KIND (1031) EXCHANGE INVESTORS! OUTSIDE BROKERS WELCOME - 2% COOP FEE SELLERS NEED TO SELL QUICKLY! FLIGHT TO SAFETY WITH 10 YEAR LEASE WITH COMPANY IN HUGE GROWTH MODE IN INDUSTRY IN HUGE GROWTH MODE (STATE LICENSED BEHAVIORAL HEALTH RESIDENTIAL CARE FACILITY FOR PRIVATE PAY INSURANCE CLIENTS) SOUTHERN CALIFORNIA SINGLE TENANT NET LEASE WITH 10 YEARS REMAINING WILL LIKELY TRADE AROUND A 7% GOING IN CAP RATE WITH 3% ANNUAL ESCALATIONS. FIRST DAY OWNERSHIP WITH LEVERAGED DOUBLE DIGIT RETURNS ON CASH!! FULL REMODEL IN 2008 AND UPGRADE IN 2016 Starting Rent: $19,207 per month Rent Commencement: April 1, 2016 10 year lease Escalations: 3% annual Lease Structure: Landlord responsible for structure. Tenant responsible for taxes, maintenance, repair and insurance.. Facility Upgrades: o 2008 Over $700,000 in complete remodel with new building systems to get to state licensing standards o 2016 Over $80,000 in tenant paid for new flooring and paint, with kitchen and HVAC upgraded deferred maintenance Beaumont location is strategic in tenant' s heavy base of southern California (its origin and home to its headquarters in San Clemente, CA)
PROPERTY TAXES
| Parcel Number | 417-056-002 | Improvements Assessment | $3,299,150 |
| Land Assessment | $266,931 | Total Assessment | $3,566,081 |
PROPERTY TAXES
