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Silhouette Medical Plaza 27462 Portola Pky
20,127 SF 100% Leased Office Building Foothill Ranch, CA 92610 $12,000,000 ($596/SF)
Executive Summary
“Property”) in Foothill Ranch, CA. Medical office assets in Orange County continue to draw
significant user and investor interest due to lack of suitable inventory and low interest rates
This asset benefits by its strategic proximity between the Irvine Spectrum, South Orange
County and the toll roads that provide access to North Orange County and the Inland
Empire. The property is located just off Bake Parkway, which is the main thoroughfare that
connects Irvine to Foothill Ranch.
The existing owner has owned and managed the property for 15 years. He currently occupies
the downstairs main suite with his medical practice. The rest of the downstairs is occupied
by a long term surgery center. Upstairs, there are a variety of tenants and tenant spaces.
There are two unique opportunities with this asset. Firstly, the property can be sold to
a high net worth investor who is looking for long term wealth accumulation. This can be
achieved by managing the rent roll, marketing lease rates to market upon lease expirations
to maximize net operating income and overall value. At that time, the investor can refinance
out their down payment and reinvest within additional investment property.
The second opportunity with this asset is to that the owner can vacant the 3,925 SF downstairs
suite and make it available for an owner user. This will allow the owner of a medical practice
to be able to take advantage of historically low interest rates to purchase their medical office
building with room for expansion. This also allows the medical practice owner to have their
real estate debt paid down by the current tenants triple net leases.
This is one of the only medical properties available in South County of its size and construction
type and will be for years to come is virtually no development pipeline for these type of
properties. This ensures there is a future high barrier to entry which will maximize your long
term value.
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- -
- 1,000 SF
- -
- -
Aava Dental is a full-service dental care provider that offers a wide range of services to meet the different oral health needs of its clients. Their experienced staff is committed to keeping and improving their clients’ smiles. They do everything from cosmetic dentistry and tooth replacement to root canals and oral surgery. Aava Dental makes sure that dental care for people of all ages is complete by offering treatments for gum disease, dentistry for children, and extractions. They also offer emergency dental care with same-day and next-day appointments, so people with pressing needs can get help quickly.
- Foothill Medical Facilities, Llc
- -
- 3,500 SF
- -
- -
-
- -
- 3,000 SF
- -
- -
Since 2014, Prime MSO has developed and managed surgical facilities that provide patients with the highest level of surgical care. Today we are one of the reliable and independent operators of outpatient surgery centers in the Los Angeles area, covering virtually the full range of surgical specialties. Their community of teammates, physician partners and health system partners are deeply committed to providing quality patient care and improving healthcare in America. Their focus on building strategic relationships with partners enables them to acquire, develop and optimize facilities in an aligned economic model that enables better access to high-quality care at a lower cost. They believe that happier, more fulfilled employees and staff in a fun and dynamic work environment will ultimately provide the best care in the country. At Prime MSO, that means success.
-
- -
- 3,500 SF
- -
- -
The Silhouette Plastic Surgery Institute is dedicated to offering a complete range of cosmetic and reconstructive surgical procedures in fully accredited surgical facilities. Are you interested in Orange County breast enhancement <http://www.ocplasticsurgeons.com/breast-augmentation.html> or another cosmetic procedure? From the minute you walk through our doors, you'll know that you are in the right place. At every step, from consultation through surgery to recovery, you will be guided by a highly skilled team of Orange County plastic surgery <http://www.ocplasticsurgeons.com/procedures.html> professionals. Our practice is based on honesty, integrity, and a dedication to excellence in plastic surgery
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
- | 1,000 SF | - | - | ||
| Foothill Medical Facilities, Llc | - | 3,500 SF | - | - | ||
|
|
- | 3,000 SF | - | - | ||
|
|
- | 3,500 SF | - | - |
PROPERTY TAXES
| Parcel Number | 612-181-09 | Improvements Assessment | $4,108,818 |
| Land Assessment | $2,452,703 | Total Assessment | $6,561,521 |
PROPERTY TAXES
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Silhouette Medical Plaza | 27462 Portola Pky
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