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- LoopNet Team
2438 N Ponderosa Dr
Camarillo, CA 93010
Office Property For Sale
Investment Highlights
- Well Maintained Building & Grounds
- Close to Shopping, Restaurants & Med Services
- Quick Access to the 101 FWY
- Limited Availability for this type of Property
Executive Summary
This fully built-out first floor Medical condominium is one of the best priced medical office investment currently on the market, at this price point and size. The well established Medical Group has been located within the Suite for 5 years prior to renewing their Lease for an additional 3 years, with a 3 year option, showing their commitment to the location. There are extensive tenant improvements throughout the suite. The offering is based on the new escalation of 3.00% with annual increases as of October 2023 - that places this investment at a 6.20% CAP Rate. There are four Parcel Numbers for this suite with each parcel being 600 ASF. For more information, please contact the Listing Broker.
PROPERTY FACTS
Amenities
- 24 Hour Access
- Courtyard
- Security System
- Central Heating
- Partitioned Offices
- Reception
- Drop Ceiling
- Wi-Fi
- Air Conditioning
zoning
| Zoning Code | PO (Professional Office) |
| PO (Professional Office) |
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