8245 E Monte Vista Rd | Anaheim, CA 92808
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8245 E Monte Vista Rd
Anaheim, CA 92808
Elite Health Care Medical Office · Office Property For Sale
Investment Highlights
- Medical Center with heavy daytime and residential traffic
- Low Common Area Shared Maintenance with Retail Strip
- Average Median Age over 46 years old
- Plans for Surgery Center available
Executive Summary
This high-profile two parcel Medical and Retail building can be purchased together, or separately. The opportunity presents a value-add lease up, owner/user purchase, or redevelopment scenario with pride of ownership in one of the wealthiest cities of California and the nation. The desire for a long-term hold property has proven itself, as this area rarely has properties that trade ownerships. With only 45,000 SF of new retail being developed in Yorba Linda, the markets for both Yorba Linda and Anaheim Hills have a high demand for medical and retail tenants to operate with steady traffic, nearby freeway access to the 91 Freeway, 241 Freeway and 90 Freeway. The median household income is around $131,682 per year allowing a significant amount of disposable income for health, wellness and retail spending. Some strong grocery tenants within 1-mile, or less, include Ralphs, Target, Vons, and Sprouts, with other strong national tenants nearby including: The Home Depot, Hobby Lobby, 24 Hour Fitness, Starbucks, Chic Fil A and BJ's Restaurant & Brewhouse. Retail box tenants have selected this location and Dick's Sporting Goods, Bed Bath & Beyond, Kohl's and Costco Wholesale are a few. In relationship to the Medical Office the demographics support the use with a median age above 46 years old.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
12,876 SF
Building Class
B
Year Built
2006
Price
$5,100,000
Price Per SF
$396
Percent Leased
64%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,438 SF
Building FAR
0.39
Lot Size
0.75 AC
Zoning
C-G - General Commercial
Parking
27 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 354-053-03 | Improvements Assessment | $2,187,292 |
| Land Assessment | $2,187,292 | Total Assessment | $4,374,584 |
PROPERTY TAXES
Parcel Number
354-053-03
Land Assessment
$2,187,292
Improvements Assessment
$2,187,292
Total Assessment
$4,374,584
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