Marcus & Millichap, is pleased to offer for High Desert Medical Campus (the “Portfolio”) consisting of two (2) adjacent medical office buildings known as Choice Medical Plaza (“CMP”) located at 18522 US Highway 18, Apple Vally, CA and Corwin Medical Center (“CMC”) located at 18523 Corwin Road, Apple Valley, CA. Choice Medical Plaza and Corwin Medical Center combined are 81% occupied and comprise the premier medical campus in the High Desert, providing a comprehensive range of specialties in immediate proximity to the 213-bed Providence St. Mary Medical Center.
The Portfolio consists of approximately +/-46,688 square feet of rentable building area just 90 minutes east of Los Angeles and 42 miles north of San Bernadino just off Interstate 15.
The Portfolio is an exceptional value-add investment opportunity with high quality underlying fundamentals and tenancy. The High Desert Medical Campus portfolio is currently 81% occupied with fifteen (15) true medical office tenants, no general office, and features +/- 2.4-year weighted average lease term (WALT) remaining.