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Prev. ASC -Surgical Center-4OR -6ER-2Labs-1RR 520 Deep Valley Dr 6,038 SF of Medical Space Available in Rolling Hills Estates, CA 90274
Highlights
- Former ASC / Specialty Medical Opportunity in a Premier South Bay Destination
- Complementary Tenant Mix Supports Health-Focused Operators
- Anchors Drive Daily Activity On-Site
- Convenient Patient Access with Approx. 1,855 Parking Spaces
- Ideal Setting for Outpatient Surgical & Specialty Medical Users Fitness, Entertainment & Wellness
- Restaurants and Coffee Enhance Patient Convenience
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Rare opportunity to lease a 6,038 SF former Ambulatory Surgical Center build-out at the prestigious Promenade PV in Rolling Hills Estates — now offered on a Modified Gross (MG) lease structure, with the Landlord covering all operating expenses with the exception of HVAC, electrical, and hazardous waste. This represents a significant shift from a traditional NNN structure, giving tenants substantially greater cost predictability on one of the South Bay's most sought-after medical suites. The Landlord is also open to subdividing the space, offering flexibility for smaller practices or multiple co-tenants seeking a presence at Promenade PV. Previously designed for outpatient procedures and medical operations, this former surgical center offers existing surgical and clinical infrastructure that may help reduce the time, cost, and complexity typically associated with converting traditional office space into a procedure-based medical facility. The suite features 4 surgical rooms with OR-adjacent sinks, 6 exam rooms with built-in sinks, a recovery room, 2 medical labs, 3 restrooms, a break room, 1 private office, 1 associate office, and a dedicated storage room with built-in cabinetry near the main reception area. The layout also includes 3 separate entrances with multiple waiting/reception areas, allowing for efficient patient flow, staff access, provider separation, and operational flexibility — a layout that also lends itself well to a potential subdivision, should a smaller footprint be preferred. Excellent natural light throughout the suite creates a bright and welcoming environment for patients and providers. This build-out is well-suited for a wide range of outpatient surgical and procedure-based medical users, including Dermatology/Mohs Surgery, Plastic Surgery, Ophthalmology, Orthopedics/Sports Medicine, Pain Management/Spine, Podiatry, Urology, OB-GYN/Women's Health, Vascular/Vein Clinics, Oral Surgery, and other qualified outpatient medical operators. With very limited medical availability at the center and a landlord-friendly lease structure now in place, this is a rare opportunity for a healthcare operator to secure a large, move-in-ready surgical suite at Promenade PV.
- Fully Built-Out as Standard Medical Space
- High End Trophy Space
- Reception Area
- Partitioned Offices
- Conference Rooms
- Plug & Play
- Recessed Lighting
- Emergency Lighting
- Demised WC facilities
- Wheelchair Accessible
- 4 Operating Rooms with OR-Adjacent Sinks
- Recovery Room, 2 Medical Labs & Doctor Offices
- Divisible Suite with 3 Separate Entrances
- Office intensive layout
- Laboratory
- Central Air and Heating
- Elevator Access
- Private Restrooms
- Corner Space
- After Hours HVAC Available
- DDA Compliant
- Smoke Detector
- Former Ambulatory Surgical Center Build-Out
- 6 Exam Rooms with Built-In Sinks
- Corner Suite with Natural Light & Visibility
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 283 | 6,038 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Medical | Full Build-Out | Now |
1st Floor, Ste 283
| Size |
| 6,038 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 283
| Size | 6,038 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Rare opportunity to lease a 6,038 SF former Ambulatory Surgical Center build-out at the prestigious Promenade PV in Rolling Hills Estates — now offered on a Modified Gross (MG) lease structure, with the Landlord covering all operating expenses with the exception of HVAC, electrical, and hazardous waste. This represents a significant shift from a traditional NNN structure, giving tenants substantially greater cost predictability on one of the South Bay's most sought-after medical suites. The Landlord is also open to subdividing the space, offering flexibility for smaller practices or multiple co-tenants seeking a presence at Promenade PV. Previously designed for outpatient procedures and medical operations, this former surgical center offers existing surgical and clinical infrastructure that may help reduce the time, cost, and complexity typically associated with converting traditional office space into a procedure-based medical facility. The suite features 4 surgical rooms with OR-adjacent sinks, 6 exam rooms with built-in sinks, a recovery room, 2 medical labs, 3 restrooms, a break room, 1 private office, 1 associate office, and a dedicated storage room with built-in cabinetry near the main reception area. The layout also includes 3 separate entrances with multiple waiting/reception areas, allowing for efficient patient flow, staff access, provider separation, and operational flexibility — a layout that also lends itself well to a potential subdivision, should a smaller footprint be preferred. Excellent natural light throughout the suite creates a bright and welcoming environment for patients and providers. This build-out is well-suited for a wide range of outpatient surgical and procedure-based medical users, including Dermatology/Mohs Surgery, Plastic Surgery, Ophthalmology, Orthopedics/Sports Medicine, Pain Management/Spine, Podiatry, Urology, OB-GYN/Women's Health, Vascular/Vein Clinics, Oral Surgery, and other qualified outpatient medical operators. With very limited medical availability at the center and a landlord-friendly lease structure now in place, this is a rare opportunity for a healthcare operator to secure a large, move-in-ready surgical suite at Promenade PV.
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- High End Trophy Space
- Laboratory
- Reception Area
- Central Air and Heating
- Partitioned Offices
- Elevator Access
- Conference Rooms
- Private Restrooms
- Plug & Play
- Corner Space
- Recessed Lighting
- After Hours HVAC Available
- Emergency Lighting
- DDA Compliant
- Demised WC facilities
- Smoke Detector
- Wheelchair Accessible
- Former Ambulatory Surgical Center Build-Out
- 4 Operating Rooms with OR-Adjacent Sinks
- 6 Exam Rooms with Built-In Sinks
- Recovery Room, 2 Medical Labs & Doctor Offices
- Corner Suite with Natural Light & Visibility
- Divisible Suite with 3 Separate Entrances
About the Property
The Promenade PV in Rolling Hills Estates offers a rare opportunity for a former Ambulatory Surgical Center (ASC), outpatient surgical operator, or specialty medical practice to secure a fully built-out 6,038 SF suite — complete with existing surgical infrastructure, clinical workflow, patient intake areas, exam rooms, operating rooms, recovery space, and medical labs. The existing build-out provides a significant advantage for medical operators looking to reduce the time, cost, and complexity of converting traditional office space into a surgical or procedure-oriented environment. The Landlord is also open to subdividing the suite, offering flexibility for smaller practices or multiple medical co-tenants — supported by the space's 3 separate entrances, which allow for independent access. The space is now offered on a Modified Gross (MG) lease, with the Landlord covering all operating expenses with the exception of HVAC, electrical, and hazardous waste — a meaningful shift from a traditional NNN structure that gives tenants greater cost predictability. The center's existing medical tenant base adds real referral value: Peninsula Physical Therapy, a primary post-surgical rehab referral for South Bay surgeons, along with Halo Fertility and Palos Verdes Medical Group (affiliated with UCLA Health), create natural referral relationships for a range of surgical and outpatient specialties. For an ASC operator, outpatient surgical group, or specialty medical practice, The Promenade PV offers a rare combination of accessibility, parking, and visibility. The property features approximately 1,855 free parking spaces within a three-level structure, with direct access to every floor, making visits easy for patients, providers, staff, and accompanying family members. The center's broader mix of dining, wellness, and entertainment tenants — including Equinox, several dining options, and family-oriented attractions — also supports consistent daily foot traffic and a patient-friendly environment for visits that may involve a wait or a family member accompanying the patient. This setting is especially well-suited for Dermatology/Mohs Surgery, Plastic Surgery, Ophthalmology, Orthopedics/Sports Medicine, Pain Management/Spine, Podiatry, Urology, OB-GYN/Women's Health, Vascular/Vein Clinics, Oral Surgery, and other outpatient procedure-based medical users. With its existing medical infrastructure, established referral network, landlord-covered operating expenses, and prominent South Bay location, The Promenade PV is ideally positioned for a healthcare operator seeking a move-in-ready surgical suite in one of Palos Verdes' most recognizable destinations.
Property Facts
| Total Space Available | 6,038 SF | Building Class | C |
| Property Type | Health Care | Building Size | 6,038 SF |
| Property Subtype | Hospital | Year Built | 1981 |
| Total Space Available | 6,038 SF |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Building Class | C |
| Building Size | 6,038 SF |
| Year Built | 1981 |
Features and Amenities
- Controlled Access
- Wheelchair Accessible
- Car Charging Station
- Fiber Optic Internet
- Smoke Detector
- On-Site Security Staff
- Backup Power / Generators
- Cafe
Contact the Leasing Agent
Prev. ASC -Surgical Center-4OR -6ER-2Labs-1RR | 520 Deep Valley Dr