Sean Fulp - Commercial Real Estate Showcase

Sean Fulp Property Listings
Executive Managing Director, Western Region
Newmark Knight Frank
1875 Century Park E
Suite 1380
Los Angeles, CA 90067-2501
(310) 407-6596
(310) 201-2077

Sean is responsible for Team Shannon's private capital sales in Southern California and throughout all other major markets in the western region. In the... More
Sean is responsible for Team Shannon's private capital sales in Southern California and throughout all other major markets in the western region. In the past three years alone, he has completed more than 60 transactions with an average deal size of approximately $20M. Sean's has unique experience transacting with private and institutional investors using conventional sales methods and online marketplaces. Less 
3680 E Imperial Highway - Imperial Medical Plaza

Lynwood, CA 90262-2659 - Mid-Cities Submarket

Property Type:Office Sub Type:Medical Status:Existing Year Built:1982
Stories:5 Typical Floor:15,500 SF Building Size:64,780 SF
% Leased:
For Sale Price:$18,000,000 Price/SF:$277.86
Cap Rate:-
Smallest Space:932 SF Largest Space:2,098 SF Total Space Avail:6,093 SF Rent/SF/Yr:
$27.00 - $30.00
Parking:Free Surface spaces are available; 160 Covered spaces are available; 50 Reserved spaces are available; Ratio of 3.24/1,000 SF Amenities:24 Hour Availability, Property Manager on Site, Signage

The building went through a two-year, $700,000 renovation from 2014-2016 which included updates to the exterior, exterior walkway, lobby, hallways and restroom. Also, the elevators were modernized.

This office and medical building is located just a half block from the St. Francis Hospital. It's cross streets are Martin Luther King and Imperial Highway. It has easy access from 105 and 710 freeways and adjacent to Retail Malls. There is on-site security guards and great views.
4/1000 parking in secured underground lot.

Sale Notes:
Newmark Knight Frank is pleased to present the opportunity to acquire Imperial Medical Plaza (hereafter the “Property”, “Project”), a 64,780-square-foot medical office building located in Lynwood, California. The five-story building is 89% occupied by fifteen tenants with 2.68 years of average remaining lease term. The Project was built in 1982 and is located on a two-acre site adjacent to St. Francis Medical Center with easy access to Interstate 105 and Interstate 710.

The Property offers investors the opportunity to acquire a significant foothold in an extremely supply constrained medical submarket. Imperial Medical Plaza is one of only three midrise office buildings in the immediate trade area, which allows it to attract higher credit tenants and command premium rents. With current in-place rents 12.8% below market and a limited competitive set with an overall vacancy of 6.5%, a new owner is incredibly well-positioned to achieve upside by rolling in-place tenants to quickly rising market rents as demand outpaces supply.

Newmark Knight Frank
Sean Fulp
(310) 407-6596

Mark Schuessler
(310) 201-2075

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