19500-19510 Ventura Blvd - Medical FOR SALE


Tarzana, CA 91356
$29,000,000 USD
818-933-0305
19500-19510 Ventura Blvd, Tarzana, CA for Sale
$29,000,000 USD
Medical - FOR SALE
1/20
null | Request Cap Rate

19500-19510 Ventura Blvd
Tarzana, CA 91356


HIGHLIGHTS

  • Successfully Repositioned to Medical Office
  • Completed $5M Extensive Capital Renovation
  • High Demand Medical Submarket
  • Stable Cash Flow
  • Striking Modern Architectural Medical Design
  • Highly Advantageous Ground Lease

OVERVIEW

Lee & Associates is pleased to present a unique opportunity to acquire Oasis Healthcare Center — a distinguished Medical Office Building located in Tarzana, at the heart of world-class healthcare in the San Fernando Valley. This newly renovated 44,686 square foot medical facility is the recipient of the prestigious AIA design award and offers a modernized and contemporary healthcare experience. Oasis Healthcare Center is strategically designed to surpass the competition and is among a select few approved medical properties situated near the newly established Providence Cedars- Sinai Hospital. Investors will benefit from a compelling purchase option on the ground lease at a fixed below market rate, ultimately allowing for a conversion to a fee simple investment.

FOR SALE DETAILS

PRICE

$29,000,000 USD

PRICE/SF

$649 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oasis Healthcare Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

C2

APN/PARCEL ID

2164-016-028

ASK ABOUT THIS PROPERTY

Scott RomickLee & Associates Commercial Real Estate ServiceMore Info
818-933-0305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Scott RomickLee & Associates Commercial Real Estate ServiceMore Info
818-933-0305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.