Cap Rate
5.65%
Gross SQFT
10,010
Year Built
1986/R 2013
Occupancy
100%
NOI
$350,888
Property Type
Healthcare
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- HIGH-TRAFFIC LOCATION – Positioned along Orangethorpe Avenue, the property benefits from exceptional visibility with over 23,000 vehicles per day.
- TENANT STABILITY – Concentra has been at the plaza since 2013 and is currently in their first option period, while Flame Broiler has been at the site since 2008, exercising multiple option periods.
- STRONG TENANCY – Anchored by Concentra Urgent Care, an investment- grade tenant backed by Concentra Group Holdings Parent Inc, who is the largest provider of occupational health services in the United States.
- SURROUNDED BY MAJOR RETAILERS – Located in a high-demand retail trade area, the property is adjacent to premier national brands, including Chick-fil-A, 7-Eleven, Del Taco, Starbucks, and Chipotle.
- AFFLUENT CONSUMER BASE – The area boasts a strong population, with over 597,000 people in a 5-mile radius.
- HANDS OFF INVESTMENT – The property operates under an NNN lease structure, with expenses reimbursed to the landlord, ensuring minimal management responsibilities.
Broker of Record
- David Harrington
- License No. 02168060 (CA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245