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Alamo Medical Bldg 2755 Alamo St 15,547 SF 100% Leased Office Building Simi Valley, CA 93065 $4,600,000 ($295.88/SF) 8.88% Cap Rate
INVESTMENT HIGHLIGHTS
- Ideal Medical Building Owner / Investment Opportunity
- Current Sub-tenants, UCLA (Suite 100) & Simi Medical Group (Suite 101) sublease terminates 8/31/2026 but want to extend
- Walking distance to Simi Adventist Hospital and Aspen Outpatient Center.
- Value Add Opportunity with Below market rents (Tenants in Suites 100 & 101 desire to extend their leases after sublease expiration)
EXECUTIVE SUMMARY
- Suite 100 - 3,650 square feet
- Suite 101 - 3,487 square feet
- Suite 205 - 4,405 square feet
- Suite 201 - 4,004 square feet.
Each suite features perimeter windowed offices with dual-pane windows. Building is fully sprinklered. The property boasts a very low load factor of 10% and is elevator-served. Within the common areas, there are two sets of restrooms on the first and second floors and a welcoming courtyard area in the center of it all. The building has 5/1,000 parking. There are two entrances, one off of Alamo St, and the other off of Sycamore Dr. Along Alamo, there is monument signage.
Building is currently 100% occupied under a master lease but space can be made available for a new owner to occupy any or all of the building as they desire. This allows for either traditional financing or an SBA loan, and a new owner to keep the tenants as is, or, use the building for their own practice and rent out the un-used suites creating a monthly reveune stream.
Please do not disturb occupants - Call Joshua Linn 818.802.6633 to tour or for additional information.
PROPERTY FACTS In Escrow
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Simi Valley Medical
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- Health Care and Social Assistance
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UCLA Health is among the most comprehensive and advanced health care systems in the world. Their mission is to provide state-of-the-art patient care, generate research discoveries leading to new treatments and diagnoses, and train future generations of health care professionals. Together, the UCLA Hospital System and the David Geffen School of Medicine at UCLA strive every day to be a leader in setting the standards of excellence.
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- Health Care and Social Assistance
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Exer Urgent Care is the ER alternative staffed with ER doctors to help patients with urgent or serious but non-life-threatening conditions. With on-site X-Ray, IV, Lab, Splinting, Laceration, Pediatrics and Diagnostics, Exer offers patients more comprehensive medical services than a traditional walk-in urgent care. Each Exer clinic is staffed with ER doctors who have on average, over 15 years of experience in emergency medicine, and can stabilize and treat 80% of cases seen daily in the ER with little-to-no waiting and for a fraction of the cost. Each clinic is clean, modern and conveniently located in the community close to local neighborhoods, schools and hospitals in Southern California. By working in partnership with local hospitals and specialists, Exer will book patients directly to be seen where needed, including the local ER.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Simi Valley Medical | - | - | - | - | ||
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Health Care and Social Assistance | - | - | - | ||
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Health Care and Social Assistance | - | - | - |
PROPERTY TAXES
| Parcel Number | 611-0-050-270 | Improvements Assessment | $2,706,080 |
| Land Assessment | $1,082,432 | Total Assessment | $3,788,512 |
PROPERTY TAXES
Presented by
Alamo Medical Bldg | 2755 Alamo St
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