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Redhawk Medical Center

44274 George Cushman Court
Temecula, CA 92592
Availability: Sale Price:$10,550,000 Net Rentable Area:32,471 SF
Shipping: Marcus & Millichap is pleased to present the sale of Redhawk Medical Center.
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Description

Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

David Benjamin | Associate


Member: NOIPG
License: CA 01934605
Cel: (303) 386-5291
Dir: (858) 373-3165
david.benjamin@marcusmillichap.com

Description

Marcus & Millichap’s Healthcare Real Estate Group is pleased to present The Redhawk Medical Center, a multiple-tenant medical office building located in Temecula, California. The offering is a multiple-tenant, 32,471-square-foot medical office building located at 44274 George Cushman Court in Temecula, California. Constructed in 2003, this building is 95 percent occupied. The subject property is strategically located to the 140-Bed Temecula Valley Hospital.The project has a vast array of diverse medical tenants. The project is anchored by Vantage Oncology who was recently acquired by the McKesson Corporation. The tenant has invested significant dollars to build out their thriving space. The subject property hosts pediatrics, gastrologists, internists, dentists and a state of the art imaging center.The subject property is located in Temecula, California which is a growing area and has become a bedroom community to San Diego. Temecula is also Southern California’s Wine Country. With diverse medical tenants and a strategic location, Redhawk Medical Center is a stabilized and attractive investment.

Features

  • 32,471-Square-Foot, Multi - Tenant, Medical Office Building
  • Stabilized Investment - 95% Occupied
  • In Close Proximity to the 140-Bed Temecula Valley Hospital
  • Anchored by McKesson Specialty Health - US Oncology (20 Percent)

Sale Price

$10,550,000

Building Size

32,471 SF

Cap Rate

6.74%

Price Per SF

$324.91

Year Built

2003

Monthly Average Rent Per SF (NNN)

$2.05

Annual Average Rent Per SF (NNN)

$24.60

Occupancy

95.1%

Details

  • 22932265
  • Office
  • Sale Price:$10,550,000 Net Rentable Area:32,471 SF
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present the sale of Redhawk Medical Center.

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