818-907-4643
28515 Westinghouse Pl, Valencia, CA for Sale
Office - FOR SALE
1/16
null | Request Cap Rate

28515 Westinghouse Pl
Valencia, CA 91355


HIGHLIGHTS

  • Mission-Critical Cochlear Implant R&D and Manufacturing Facility
  • 146,385 SF | Single-Tenant | Long-Term NNN Lease | Investment-Grade Tenancy
  • Bond-Like Income Stream, Fully Passive Ownership
  • 100% Leased Single Tenant Asset with 9.83 Years of WALT
  • Existing FDA Premarket Approval (PMA) License for Class III Medical Device Manufacturing
  • 50%+ of the Building Dedicated to R&D, Warehouse, and Lab/Manufacturing

OVERVIEW

CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire Summit Oaks, a 146,385 square-foot, mission-critical, single-tenant office, R&D, and manufacturing facility 100% occupied under a long-term NNN lease, located at 28515 Westinghouse Place in Valencia, California. This is one of the most operationally embedded, mission-critical single-tenant occupancies available. With a 17-year operating history at this address, a fresh 10-year lease commitment, significant capital deployment underway for expansion within the building (lab, manufacturing and warehouse), 2-daily shifts of consistent manufacturing operations, 600+ specialized local employees, and an address-specific FDA PMA license that takes 3-5 years to replicate — the stickiness of this tenancy is extraordinary.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

555

LAND DETAILS

LAND ACRES

4.87 AC

LAND SF

212,137 SF

ZONING

BP

APN/PARCEL ID

2866-034-082

ASK ABOUT THIS PROPERTY

Mark PerryCBRE, Inc.More Info
818-907-4643

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Mark PerryCBRE, Inc.More Info
818-907-4643

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