The Promenade PV in Rolling Hills Estates offers a rare opportunity for a former Ambulatory Surgical Center (ASC), outpatient surgical operator, or specialty medical practice to secure a fully built-out 6,038 SF suite — complete with existing surgical infrastructure, clinical workflow, patient intake areas, exam rooms, operating rooms, recovery space, and medical labs. The existing build-out provides a significant advantage for medical operators looking to reduce the time, cost, and complexity of converting traditional office space into a surgical or procedure-oriented environment. The Landlord is also open to subdividing the suite, offering flexibility for smaller practices or multiple medical co-tenants — supported by the space's 3 separate entrances, which allow for independent access.
The space is now offered on a Modified Gross (MG) lease, with the Landlord covering all operating expenses with the exception of HVAC, electrical, and hazardous waste — a meaningful shift from a traditional NNN structure that gives tenants greater cost predictability.
The center's existing medical tenant base adds real referral value: Peninsula Physical Therapy, a primary post-surgical rehab referral for South Bay surgeons, along with Halo Fertility and Palos Verdes Medical Group (affiliated with UCLA Health), create natural referral relationships for a range of surgical and outpatient specialties.
For an ASC operator, outpatient surgical group, or specialty medical practice, The Promenade PV offers a rare combination of accessibility, parking, and visibility. The property features approximately 1,855 free parking spaces within a three-level structure, with direct access to every floor, making visits easy for patients, providers, staff, and accompanying family members. The center's broader mix of dining, wellness, and entertainment tenants — including Equinox, several dining options, and family-oriented attractions — also supports consistent daily foot traffic and a patient-friendly environment for visits that may involve a wait or a family member accompanying the patient.
This setting is especially well-suited for Dermatology/Mohs Surgery, Plastic Surgery, Ophthalmology, Orthopedics/Sports Medicine, Pain Management/Spine, Podiatry, Urology, OB-GYN/Women's Health, Vascular/Vein Clinics, Oral Surgery, and other outpatient procedure-based medical users.
With its existing medical infrastructure, established referral network, landlord-covered operating expenses, and prominent South Bay location, The Promenade PV is ideally positioned for a healthcare operator seeking a move-in-ready surgical suite in one of Palos Verdes' most recognizable destinations.