Newmark is proud to present an outstanding
opportunity to purchase a ±10,671 RSF, one story, five
tenant medical building located within a short walk to
the Providence Queen of the Valley Medical Center,
the Napa valley’s regional hospital. Unique design
that allows entry to four suites via the courtyard, as
well as exterior entrances to suites 101 and 102 (which
has a total of 4 entrances).
FIRST TIME ON MARKET - Well located and pride
of ownership medical building housing 5 medical
related tenants, including two dentists and LabCorp.
The main tenant, Providence, has vacated its space
but remains on a lease until January 31, 2027. An
opportunity for an Owner/User to occupy the ±5,571 SF
space and work out an acceptable lease termination
agreement with Providence. The property qualifies
for SBA financing.
Lease Summary and Income/Expenses available on
request. Includes recapture of approximately 74.7%
of increase in property taxes.
Whether you’re looking to expand your current
portfolio or launch a new venture, this is a opportunity
to establish your presence in a vibrant location with
strong community synergy.