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.