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602 Deep Valley Dr 7,220 SF Office Building Rolling Hills Estates, CA 90274 $5,800,000 ($803.32/SF) 5.53% Cap Rate

EXECUTIVE SUMMARY
Excellent opportunity to acquire a medical condominium leased by Torrance Memorial on a triple-net basis, with fourteen years remaining on the lease term.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,220 SF
Building Class
C
Year Built
2020
Price
$5,800,000
Price Per SF
$803.32
Cap Rate
5.53%
NOI
$321,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,220 SF
Building FAR
0.02
Lot Size
8.28 AC
Zoning
RECG* - General Commercial
Parking
218 Spaces (30.19 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,794,194 | |
| Land Assessment | $530,600 | Total Assessment | $6,324,794 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$530,600
Improvements Assessment
$5,794,194
Total Assessment
$6,324,794
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602 Deep Valley Dr
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