• Well-Manicured Landscaping: the landscaping has been thoughtfully maintained over the years. The beautifully manicured, tranquil landscaping creates a peaceful environment for patients and staff.
• Ample Parking: The Laguna Vista Professional Plaza has abundant parking, the 135 parking spaces are sufficient to accommodate staff and visitors of the tenants’ busy practices.
• Prominent Visibility: the property with over 660 feet of frontage on Heacock Street and excellent signage is ideal for attracting clients and businesses.
• Strong Market: Moreno Valley is a growing market with expanding healthcare, logistics, and retail sectors.
• Established Tenancy: 48% of the businesses have been at the property for over 27 years. Dr. Rynerarson, Loma Linda Healthcare, North Heacock Dental Group, Aspen Medical Group, Dr. Lim, DDS, Farmer’s Insurance, Dr. Kent, and Dr. Dong S Kim, MD all have been at the property since the seller acquired it in 1997.
• Below Market Rents with Upside Potential: 26% of the occupancy is well below market rent. There is significant opportunity for future rental growth potential.
• Financing Options: Qualified medical office operators can take advantage of owner-user financing by occupying at least 25% of the property.