2485 Sunrise Blvd - Office FOR SALE


Gold River, CA 95670
$1,750,000 USD
916-201-9247
2485 Sunrise Blvd, Gold River, CA for Sale
$1,750,000 USD
Office - FOR SALE
1/19
null | 6.58% Cap Rate

2485 Sunrise Blvd
Gold River, CA 95670


HIGHLIGHTS

  • 100% lease MOB
  • Full medical buildout
  • Business park location
  • Close to freeway
  • Recession proof tenant

OVERVIEW

2485 Sunrise Boulevard, Gold River, CA is a 6,024 s.f. medical office building located within an established business park. This offering is a leased investment opportunity, with a credit rated Tenant occupying 100% of the building. The building features a large Reception area, twelve medical examination rooms, private offices, front office area, conference room, storage areas, laboratory, multiple restrooms, employees’ break room, etc. The building was built around 2004. Located within an established business park, the property features good parking and synergistic co-tenants in the business park, in addition to In-n-Out Burger at the corner. Health and Life Organization (Sacramento Community Clinics) leases the entire property based upon a modified gross lease. Their lease expires in April, 2028 and they have one, five-year Option to extend the lease. The Landlord is responsible for base year expenses, OA dues, HVAC maintenance/replacement and the structure of the building. Given the specialized nature of the medical practice, the Tenant would face significant operational challenges to relocate, including specialized build-outs, equipment relocation, and regulatory requirements. This is an outstanding smaller, single tenant investment opportunity, requiring very little management effort and offers consistent income and security from a credit worthy, recession resistant tenant that would find it difficult to relocate.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 5

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

OPMU

APN/PARCEL ID

058-0262-016

ASK ABOUT THIS PROPERTY

Ranga PathakRE/MAX GoldMore Info
916-201-9247

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Ranga PathakRE/MAX GoldMore Info
916-201-9247

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