3140 Long Beach Blvd - Medical FOR SALE


Long Beach, CA 90807- Bixby Knolls
$3,380,000 USD
949-466-6088
3140 Long Beach Blvd, Long Beach, CA for Sale
$3,380,000 USD
Medical - FOR SALE
1/5
null | 6.76% Cap Rate

NEW


3140 Long Beach Blvd
Long Beach, CA 90807
Bixby Knolls


HIGHLIGHTS

  • Strong Tenant & Operating History- Long-term lease with Sparks Dialysis, LLC, a joint venture entity with DaVita and a medical group.
  • Below Market Lease Rate- The subject property currently has a below market lease rate when compared to the immediate surrounding marketplace.
  • Largest US Dialysis Operator- With more than 2,650+ US locations and over 200,000 patients, Davita is the largest US operator for dialysis services.
  • Low Cost per Foot, $465/SF- The subject property offers a lower cost per foot when compared to the surrounding marketplace.
  • Attractive Capitalization Rate- 6.76% with steady annual increases.
  • Contemporary Modern Medical Building location within ¼ mile of Memorial Care Long Beach Medical Center- a 453-bed acute care medical center.

FOR SALE DETAILS

PRICE

$3,380,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

LBPD29

APN/PARCEL ID

7207-002-073

ASK ABOUT THIS PROPERTY

Drew WetherholtMarcus & MillichapMore Info
949-466-6088

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Drew WetherholtMarcus & MillichapMore Info
949-466-6088

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