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2370 Anselmo Dr 8,315 SF Office Building Corona, CA 92879 $9,000,000 ($1,082.38/SF) 4.80% Cap Rate
INVESTMENT HIGHLIGHTS
- absolute NNN
- single tenant, fully leased
EXECUTIVE SUMMARY
Corona Summit Surgical Center is a Medicare Certified Ambulatory Surgical
Center (ASC) with 4 Operating Room(s) located in Corona, CA, with service to the
surrounding community.
Positioned virtually on the border of Riverside County and Orange County on the
91 Fwy (205,000 CPD), the property is strategically located within a Mile of the
intersection of the I-91 and I-15.
Constructed as a build-to-suit for the Tenant in 2011 as a flagship surgical
location, the Tenant has operated at this location for 13+ years. The Tenant
solidified its long-term commitment to this location by executing a new 8-year
lease through June 30th 2032
In addition to their outstanding private physicians, the office serves as a surgical
center for premier doctors from Kaiser Permanente in Southern California.
Center (ASC) with 4 Operating Room(s) located in Corona, CA, with service to the
surrounding community.
Positioned virtually on the border of Riverside County and Orange County on the
91 Fwy (205,000 CPD), the property is strategically located within a Mile of the
intersection of the I-91 and I-15.
Constructed as a build-to-suit for the Tenant in 2011 as a flagship surgical
location, the Tenant has operated at this location for 13+ years. The Tenant
solidified its long-term commitment to this location by executing a new 8-year
lease through June 30th 2032
In addition to their outstanding private physicians, the office serves as a surgical
center for premier doctors from Kaiser Permanente in Southern California.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
8,315 SF
Building Class
B
Year Built
2009
Price
$9,000,000
Price Per SF
$1,082.38
Cap Rate
4.80%
NOI
$432,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,315 SF
Building FAR
0.83
Lot Size
0.23 AC
Zoning
SC - Commercial, SC
Parking
40 Spaces (4.81 Spaces per 1,000 SF Leased)
AMENITIES
- Smoke Detector
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 172-420-037 | Improvements Assessment | $4,543,966 |
| Land Assessment | $197,022 | Total Assessment | $4,740,988 |
PROPERTY TAXES
Parcel Number
172-420-037
Land Assessment
$197,022
Improvements Assessment
$4,543,966
Total Assessment
$4,740,988
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2370 Anselmo Dr
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