California Medical Office Building, Pacific West Region

Property Description

Northern California Medical Office Building

Really knock out building

Located in Santa Clara County, California.

This is a buyout of the partnership. The buyer would be buying a fee simple medical office building.

12 doctor partners

16,000 sf two-story office building

Never had a vacancy since built in 1980

Closest independent medical building to a major hospital

65% LTV can be obtained The partner/doctors are currently paying $2.50 PSF plus $1.28 cam.

Owned Free and Clear!

• 2 story, wood structure

• Ample parking

• Bearutiful oak trees, lawns

• A buyer should make an offer, subject to them redoing the leases where they are paying $3.50- $3.60 plus cams NNN

• New NNN 3-5 year leases

• Some rents are being paid by a major university

• Being sold free and clear

• May have some owner financing from some of the doctors (yet to be determined)

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