7247 Painter Ave - Medical FOR SALE


Whittier, CA 90602- Uptown Whittier
$2,101,200 USD
310-709-8985
7247 Painter Ave, Whittier, CA for Sale
$2,101,200 USD
Medical - FOR SALE
1/12
null | 6.5% Cap Rate

7247 Painter Ave
Whittier, CA 90602
Uptown Whittier


HIGHLIGHTS

  • Dense Infill Los Angeles Submarket
  • Proximity To Uptown Whittier
  • Strong Regional Connectivity
  • Stable, Family-Oriented Demographics
  • Retail-Driven Trade Area
  • Proximity To Major Employment Hubs

OVERVIEW

• New 10-Year Sale-Leaseback: Brand new lease executed at close of escrow, providing ±10 years of secure income with no near-term rollover risk. • Absolute NNN Lease – Zero Landlord Responsibilities: Tenant is responsible for all expenses including taxes, insurance, maintenance, roof, structure, and parking lot; landlord has no obligations, creating truly passive ownership. • Long-Term Tenant Alignment: Sale-leaseback structure ensures the operator is fully committed to the location, aligning ownership and operational incentives. • Strong Personal Guaranty: Lease is backed by a personal guaranty, providing additional security. • Inflation Hedge With Annual Increases: Lease features annual rent increases equal to the lesser of CPI or 2%, providing consistent income growth while maintaining tenant sustainability. • Extension Options: Two (2) additional 5-year options, offering potential for up to 20 years of total occupancy. • Market Rent Profile: Rental rate of $25.50/SF supports long-term sustainability and reduces risk of tenant default or relocation pressure. • Recent Interior Renovation (2022): The property underwent a recent interior remodel, enhancing functionality and demonstrating continued tenant investment in the asset

FOR SALE DETAILS

PRICE

$2,101,200 USD

PRICE/SF

$392 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AFFORDABLE ANIMAL HOSPITAL WHITTIER

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CO

APN/PARCEL ID

8139-036-034

ASK ABOUT THIS PROPERTY

Daniel SolomonKidder MathewsMore Info
310-709-8985

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Daniel SolomonKidder MathewsMore Info
310-709-8985

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