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2876 Sycamore Dr - Simi Hills Medical Center

9,216 SF Medical Condo Unit Offered at $3,100,000 in Simi Valley, CA 93065

Investment Highlights

  • Most desired entire first floor location.
  • Medical office condo for sale/lease.

Executive Summary

Three story medical office building. Building is subject to ground lease (Simi Adventist Hospital is the Lessor) with a term through the end of 8/31/2046 (23 years remaining). Ground lease requires the Lessor to purchase the building at FMV at the end of the lease. Available now.

Property Facts

Price $3,100,000
Unit Size 9,216 SF
No. Units 1
Total Building Size 25,964 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Owner User
Building Class A
Floors 3
Typical Floor Size 8,654 SF
Year Built 1985
Lot Size 1.75 AC
Parking Ratio 3.08/1,000 SF

1 Unit Available

Unit 101

Unit Size 9,216 SF
Price $3,100,000
Price Per SF $336.37
Condo Use Medical
Sale Type Owner User
Description

Most-desired first floor location.

Sale Notes

Well positioned for medical use(s) across the street from Simi Adventist Hospital. 19 exam rooms, 10 doctor offices, two consult/offices, waiting room. Nurse station billing clerks office, staff room, four staff bathrooms. Two pedes rooms, two O.P. treatment rooms, one radiology. One cardio pulm lab, one lab, two cardio exam rooms, one cast room, and five patient bathrooms. Former tenant (Simi Valley Hospital and Health Care Services) was paying $3.01/sf, NNN

Amenities

  • Signage
  • Storage Space
  • Central Heating
  • Reception
  • Air Conditioning

zoning

Zoning Code CO, Simi Valley (Medical Condo)
CO, Simi Valley (Medical Condo)
  • Listing ID: 25691921

  • Date on Market: 5/12/2022

  • Last Updated:

  • Address: 2876 Sycamore Dr, Simi Valley, CA 93065

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