10601 Walker St - Medical FOR SALE


Cypress, CA 90630
$11,000,000 USD
714-642-7690
10601 Walker St, Cypress, CA for Sale
$11,000,000 USD
Medical - FOR SALE
1/56
null | 6.28% Cap Rate

Jan '26


10601 Walker St
Cypress, CA 90630


HIGHLIGHTS

  • Newer construction.
  • Owner User or Investment.

OVERVIEW

The Los Alpress Medical Building, located at 10601 Walker Street in Cypress, California, presents a rare opportunity to acquire a high-quality medical office property in the heart of the Los Alamitos medical corridor. This well-maintained building is currently 100% leased to national credit tenants including Optum, LabCorp, and IWG (HQ). However, up to 75% of the building can be made available for owner-user occupancy by January 1, 2026, offering a compelling opportunity for medical groups or healthcare operators seeking to control their space while benefiting from in-place income. Extensive capital improvements have been completed since 2022, including new HVAC systems, LED lighting, parking lot resurfacing, and upgraded common areas. The building has a strong track record of tenant retention and high occupancy, supported by the area's robust medical demand and high-income demographics. Located adjacent to Los Alamitos Medical Center and surrounded by a dense network of healthcare providers, this property is ideally positioned for long-term viability. Additionally, future upside exists through sustainability upgrades such as planned solar panels and EV charging stations. This is a unique owner/user investment opportunity that combines immediate operational potential with long-term value in one of Orange County’s most sought-after medical office submarkets.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Los Alpress Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

123

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

CBPSP

APN/PARCEL ID

241-081-21

ASK ABOUT THIS PROPERTY

Justin Hugron CCIMAshwill Associates Commercial Real EstateMore Info
714-642-7690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Justin Hugron CCIMAshwill Associates Commercial Real EstateMore Info
714-642-7690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.