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.