11527-11529 Sproule Ave
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11527-11529 Sproule Ave
3,274 SF Health Care Building Offered at $2,400,000 at a 9% Cap Rate in Pacoima, CA 91331
Investment Highlights
- No landlord responsibilities.
- 10 year lease, absolute net lease.
Executive Summary
High yield investment opportunity with a multi-state behavioral health operator. Tenant currently has 3 locations in California and 2 in Florida. Full corporate guarantee. The property is currently licensed for 12 beds which is a value add in the California licensing landscape of the 6 bed model. 10 year lease, absolute net lease. No landlord responsibilities. The property has the ability to build two ADUs to bring the total to 24 beds.
Property Facts
Room Mix Information
Description | No. Beds |
---|---|
- | 12 |
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zoning
Zoning Code | LAA2 (Approved for 12 beds of residential substance use disorder treatment) |
LAA2 (Approved for 12 beds of residential substance use disorder treatment) |
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11527-11529 Sproule Ave
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