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Fresenius & Alameda Pediatric Dentistry 4510 O'Hara Blvd 10,003 SF 100% Leased Office Building Brentwood, CA 94513 $5,235,000 ($523.34/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Passive two-tenant net leased investment with minimal landlord responsibilities.
  • 3% annual increases in APD’s lease.
  • Convenient access to Highway 4, John Muir Medical Center, and nearby retail amenities.
  • Strong credit tenants, including a corporate guaranty from Fresenius Medical Care Holdings Inc. and multiple personal guarantees on APD’s lease.
  • Offered by original developer, meticulously maintained with beautiful landscaping.
  • Healthcare properties tend to perform well in challenging economic times, as tenants provide essential medical services.

EXECUTIVE SUMMARY

NEW PRICING
Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire a high-quality, two tenant net leased medical investment located at 4510 Ohara Avenue (the “Property”) in Brentwood, California. The Property is 100% leased to two established tenants: Fresenius Medical Care (lease expiring 1/30/2030) and Alameda Pediatric Dentistry “APD” (lease expiring 1/31/2035). Situated within the thriving TownCentre Brentwood, a three-building medical complex, this Property presents an excellent passive investment opportunity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,003 SF
Building Class
C
Year Built
2002
Price
$5,235,000
Price Per SF
$523.34
Cap Rate
6.50%
NOI
$340,147
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,003 SF
Building FAR
0.33
Lot Size
0.69 AC
Zoning
PD-10 - Public Development
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)

AMENITIES

  • Natural Light
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-010-089-4
Land Assessment
$602,183
Improvements Assessment
$1,608,009
Total Assessment
$2,210,192
  • Listing ID: 33386088

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 4510 O'Hara Blvd, Brentwood, CA 94513

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