Office Medical

Fallbrook Village Medical Center

577-595 E. Elder St, Fallbrook, CA 92008

Listing Price: $5,250,000

Cap Rate
6.83%
Gross SF
24,987
Rentable SF
24,987
Price/Gross SF
$210.11
Year Built
1966
Lot Size
1.86 acres

Investment Overview

The property has a 10-year average vacancy of less than 5%. The Fallbrook Village Medical Center offers a unique investment opportunity to qualified investors who seek to acquire a well maintained, cash flowing asset at below replacement cost. Constructed of wood, brick and exterior stucco finishes, the owners have spent over $1.3M on expanding and improving the buildings. Recent CapEx improvements totaling over $200K has been spent on a Solar System, new LED lighting inside and outside, two new exterior trellis and resurfacing and striping of the parking areas.

Investment Highlights

  • Two (2) free standing Multi-Tenant Medical Office Buildings totaling 24,987 sq ft.
  • 100% occupied Medical Office Building with a history of low turnover.
  • Situated between the Silvergate-Retirement Residence & Memory Care Suites.

Exclusively Listed By

Office Medical

Fallbrook Village Medical Center

Listing Price: $5,250,000

Cap Rate
6.83%
Gross SF
24,987
Rentable SF
24,987
Price/Gross SF
$210.11
Year Built
1966
Lot Size
1.86 acres

Investment Highlights

  • Two (2) free standing Multi-Tenant Medical Office Buildings totaling 24,987 sq ft.
  • 100% occupied Medical Office Building with a history of low turnover.
  • Situated between the Silvergate-Retirement Residence & Memory Care Suites.

Investment Overview

The property has a 10-year average vacancy of less than 5%. The Fallbrook Village Medical Center offers a unique investment opportunity to qualified investors who seek to acquire a well maintained, cash flowing asset at below replacement cost. Constructed of wood, brick and exterior stucco finishes, the owners have spent over $1.3M on expanding and improving the buildings. Recent CapEx improvements totaling over $200K has been spent on a Solar System, new LED lighting inside and outside, two new exterior trellis and resurfacing and striping of the parking areas.

Exclusively Listed By

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