800 Magnolia Ave - Medical FOR SALE


Corona, CA 92879 | 
$13,800,000 USD
626-677-6488
800 Magnolia Ave, Corona, CA for Sale
$13,800,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

800 Magnolia Ave
Corona, CA 92879


OVERVIEW

800 and 802 Magnolia Avenue will be sold together as a portfolio. 800 Magnolia Avenue is a single-story medical office building totaling approximately 20,491 SF, with only one vacant unit and an occupancy rate of approximately 94%. 802 Magnolia Avenue is a two-story medical office building totaling approximately 24,588 SF and is currently 100% occupied. Together, the properties offer approximately 45,079 SF of building area on 4.27 acres of land. This is an excellent investment opportunity, particularly for a 1031 Exchange buyer seeking stabilized medical office assets with strong occupancy. Offering Price: Approximately $306/SF A great opportunity to acquire two well-occupied medical office buildings in one transaction. Financial information is available upon request.

FOR SALE DETAILS

PRICE

$13,800,000 USD

PRICE/SF

$593 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

800, 802 Magnolia Ave.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

6.4 AC

LAND SF

278,784 SF

ZONING

CP

APN/PARCEL ID

107-110-010

ASK ABOUT THIS PROPERTY

Grace SuMeiguo Realty GroupMore Info
626-677-6488

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Grace SuMeiguo Realty GroupMore Info
626-677-6488

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