Lee & Associates is pleased to offer fee simple ownership in the 27462 Portola Parkway (the “Property”) in Foothill Ranch, CA. Medical office assets in Orange County continue to draw significant user and investor interest due to lack of suitable inventory and low interest rates This asset benefits by its strategic proximity between the Irvine Spectrum, South Orange County and the toll roads that provide access to North Orange County and the Inland Empire. The property is located just off Bake Parkway, which is the main thoroughfare that connects Irvine to Foothill Ranch. The existing owner has owned and managed the property for 15 years. He currently occupies the downstairs main suite with his medical practice. The rest of the downstairs is occupied by a long term surgery center. Upstairs, there are a variety of tenants and tenant spaces. There are two unique opportunities with this asset. Firstly, the property can be sold to a high net worth investor who is looking for long term wealth accumulation. This can be achieved by managing the rent roll, marketing lease rates to market upon lease expirations to maximize net operating income and overall value. At that time, the investor can refinance out their down payment and reinvest within additional investment property. The second opportunity with this asset is to that the owner can vacant the 3,925 SF downstairs suite and make it available for an owner user. This will allow the owner of a medical practice to be able to take advantage of historically low interest rates to purchase their medical office building with room for expansion. This also allows the medical practice owner to have their real estate debt paid down by the current tenants triple net leases. This is one of the only medical properties available in South County of its size and construction type and will be for years to come is virtually no development pipeline for these type of properties. This ensures there is a future high barrier to entry which will maximize your long term value.