2755 Alamo St - Medical FOR SALE


Simi Valley, CA 93065
$4,600,000 USD
818-802-6633
2755 Alamo St, Simi Valley, CA for Sale
$4,600,000 USD
Medical - FOR SALE
1/10
null | 8.88% Cap Rate

2755 Alamo St
Simi Valley, CA 93065


HIGHLIGHTS

  • Ideal Medical Building Owner / Investment Opportunity
  • Walking distance to Simi Adventist Hospital and Aspen Outpatient Center.
  • Current Sub-tenants, UCLA (Suite 100) & Simi Medical Group (Suite 101) sublease terminates 8/31/2026 but want to extend
  • Value Add Opportunity with Below market rents (Tenants in Suites 100 & 101 desire to extend their leases after sublease expiration)

OVERVIEW

Prime Investment opportunity to purchase a well-maintained and fully leased medical office building within walking distance to Simi Valley Hospital. This two-story Medical Office Building has four individually metered suites that can all be divided into halves: - Suite 100 - 3,650 square feet - Suite 101 - 3,487 square feet - Suite 205 - 4,405 square feet - Suite 201 - 4,004 square feet. Each suite features perimeter windowed offices with dual-pane windows. Building is fully sprinklered. The property boasts a very low load factor of 10% and is elevator-served. Within the common areas, there are two sets of restrooms on the first and second floors and a welcoming courtyard area in the center of it all. The building has 5/1,000 parking. There are two entrances, one off of Alamo St, and the other off of Sycamore Dr. Along Alamo, there is monument signage. Building is currently 100% occupied under a master lease but space can be made available for a new owner to occupy any or all of the building as they desire. This allows for either traditional financing or an SBA loan, and a new owner to keep the tenants as is, or, use the building for their own practice and rent out the un-used suites creating a monthly reveune stream. Please do not disturb occupants - Call Joshua Linn 818.802.6633 to tour or for additional information.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

8.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Alamo Medical Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,743 SF

ZONING

CO

APN/PARCEL ID

611-0-050-270

ASK ABOUT THIS PROPERTY

Joshua LinnEquity Union CommercialMore Info
818-802-6633

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Joshua LinnEquity Union CommercialMore Info
818-802-6633

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