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Medical Office Bldg. 14114 Business Center Dr

19,524 SF 100% Leased Office Building Moreno Valley, CA 92553 $6,300,000 ($323/SF) 5.89% Cap Rate

Investment Highlights

  • 100% Occupany. Stable cash flows for the investor.
  • Seller Financing Available with 50% down payment.
  • All tenant improvements completed for medical use.
  • Property will be leased by Medical Doctors for a 1-3 years.
  • Existing solar panels provide electricity for the building.
  • Strong hedge against inflation.

Executive Summary

Leases will be assigned to new buyer through escrow.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
19,524 SF
Building Class
B
Year Built
1990
Price
$6,300,000
Price Per SF
$323
Cap Rate
5.89%
NOI
$371,070
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,524 SF
Building FAR
0.28
Lot Size
1.62 AC
Zoning
BP, Moreno Valley - Commercial Medical Use
Parking
102 Spaces (5.22 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Signage
  • Kitchen
  • Reception
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Discovery Dental Office
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Gamal F Ghaly MD
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • John Liquete MD
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Pilar J Condry MD
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

For over 30 years their practice has been serving patients in Moreno Valley and the Inland Empire. They take great pride in providing the highest quality medical care and service to families from birth through adolescence. Their office is led by Dr. Rosemarie Tweed along with her son Dr. Jesse Tweed. Keeping children healthy physically, mentally and emotionally is their number one goal. In addition there are two board Certified Physician Assistants that work closely with their two Physicians.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Discovery Dental Office Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Gamal F Ghaly MD Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
John Liquete MD Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Pilar J Condry MD Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
297-210-026
Land Assessment
$423,362 (2023)
Improvements Assessment
$1,385,331 (2023)
Total Assessment
$1,808,693 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 33971990

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 14114 Business Center Dr, Moreno Valley, CA 92553

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