8876 Mission Blvd - Health Care FOR SALE


Jurupa Valley, CA 92509- Glen Avon
$25,000,000 USD
858-334-4041
8876 Mission Blvd, Jurupa Valley, CA for Sale
$25,000,000 USD
Health Care - FOR SALE
1/4
null | 7.49% Cap Rate

8876 Mission Blvd
Jurupa Valley, CA 92509
Glen Avon


OVERVIEW

Cushman & Wakefield’s Healthcare Capital Markets Team is pleased to offer the opportunity to acquire 100% fee-simple interest in Jurupa Valley Community Health Center (the “Property”), a single-tenant medical outpatient building with a combined rentable area of 40,000 square feet. The Property is 100% occupied by Riverside University Health System (RUHS) under a long-term lease with the County of Riverside (Moody’s: Aa2). Constructed in 2019 as a build-to-suit for RUHS, the Property is part of a network of community health centers operated by RUHS throughout the Inland Empire providing a variety of outpatient services to patients in the region. The lease provides term through 2039 with 2.00% annual rental escalations providing a growing and dependable income stream. The Property features attractive assumable financing at relatively high leverage with a low fixed interest rate (details provided herein). Seller has also engaged C&W on the disposition of Corona Community Health Center, a similar property providing an opportunity for a larger portfolio transaction. Please inquire with listing agent for details on the other property.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jurupa Valley Care Clinic

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.89 AC

LAND SF

169,448 SF

ZONING

c1

APN/PARCEL ID

169-172-076

ASK ABOUT THIS PROPERTY

Travis IvesCushman & WakefieldMore Info
858-334-4041

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Travis IvesCushman & WakefieldMore Info
858-334-4041

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