ERE Healthcare Real Estate Advisors (“ERE Advisors”) exclusively represents the owners of
Rolling Oaks Radiology (“ROR” or “the Property”) in the sale of their state-of-the-art medical
imaging facility.
The Property consists of approximately 12,300 SF of space located in Ventura, CA, just 40-miles northwest of Santa
Monica/Los Angeles. The city of Ventura is the county seat of Ventura County, has a population of 843,843 residents,
and borders Los Angeles County. The region ranks as one of the top investment markets in the country, boasting a
median household income of nearly $90,000. Ventura itself is home to over 110,000 residents, and is included as part
of the Los Angeles metropolitan statistical area (MSA).
Rolling Oaks Radiology is operated in partnership with RadNet, Inc., a national leader in diagnostic imaging, and the
largest provider of outpatient imaging services in the United States. As of 2024, RadNet is affiliated with 398 locations
in 8 states and has more than 8,000 employees. RadNet has a current market cap/valuation of $4.7B and September
2024 quarterly revenue of $461M.
Rolling Oaks Radiology offers a complete range of advanced imaging services utilizing state-of-the-art equipment,
including 3T MRI, multi-slice CT, PET/CT, nuclear medicine, interventional radiology, X-Ray, and mammography.
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Upon closing of the transaction, the selected purchaser will assume the existing 2.5-year lease with Ventura County
Imaging Group LLC. The lease is structured as modified gross, with the Landlord only responsible for property taxes
and association dues, features 3.00% annual rental increases, and is guaranteed by RadNet Management, Inc.