20931 Burbank Blvd - Office FOR SALE


Woodland Hills, CA 91367
$16,123,143 USD
918-794-9787
20931 Burbank Blvd, Woodland Hills, CA for Sale
$16,123,143 USD
Office - FOR SALE
1/7
null | 6% Cap Rate

20931 Burbank Blvd
Woodland Hills, CA 91367


HIGHLIGHTS

  • No Early Termination or Kick-Out Clause
  • 2025 Building Modernization ($5.34M Total CapEx)
  • Lease Guaranteed by Leading Operator (Fresenius Medical Care)
  • Located in Affluent Warner Center Adjacent to Kaiser Hospital
  • 15-Year NN Lease with 2.5% Annual Rent Escalations
  • Mission-Critical Dialysis Infrastructure with 33 Stations

OVERVIEW

Northmarq and CBRE are pleased to offer a recently renovated, single-tenant dialysis clinic located in Woodland Hills, California. The property sits on 2.04 acres within Warner Center Corporate Park and features a 21,080-square-foot medical office building, fully modernized in 2025 to meet Fresenius Kidney Care’s operational standards. The renovation program totals over $5 million and includes significant upgrades such as a new roofing system, HVAC replacement, electrical enhancements, emergency power infrastructure, and specialized plumbing for dialysis operations. These improvements align with the lease’s landlord obligations and reduce future capital exposure. Strategically located near Kaiser Permanente Woodland Hills Hospital and major freeways, the site benefits from strong demographics and excellent regional connectivity. The facility is leased to Fresenius Kidney Care under a long-term agreement backed by Fresenius Medical Care Holdings, Inc., the global leader in dialysis services. In association with: Chris Bodnar, CA Lic. #01892501

FOR SALE DETAILS

PRICE

$16,123,143 USD

PRICE/SF

$742 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Medical Care

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

WC-OR

APN/PARCEL ID

2146-009-041

ASK ABOUT THIS PROPERTY

Scott BriggsNorthmarqMore Info
918-794-9787

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Scott BriggsNorthmarqMore Info
918-794-9787

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