Single-Tenant Office Medical

miVIP & oBand Inc | Headquarters | Culver City, CA

6023 Bristol Pkwy, Culver City, CA 90230

Listing Price: $4,750,000

Cap Rate
4.40%
Tenant Name
oBand, Inc.
Years Remaining On Lease
5.20
Guarantor
Corporate Guarantee
Rentable SF
8,156
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.73

Investment Overview

Strong Fundamentals for Healthcare Real Estate - An aging U.S. population continues to drive healthcare spending. Healthcare is estimated to account for 20% of GDP by 2020.

Investment Highlights

  • ASC (Ambulatory Surgical Center) Chain that Specializes in Minimally Invasive surgical procedures - Each miVIP facility facility is equipped with a da Vinci Surgical System.
  • Shift Towards Outpatient Surgical Facilities - Payers are driving the shift in procedures towards ASCs because surgery costs are lower in ASCs compared to other settings.
  • Specialized and Expensive Built-Outs - Medical office users renew leases at a higher rate than general office users, and for longer lease terms.

Exclusively Listed By

  • Dustin R. Alvino

    First Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692

    Las Vegas

  • Andy Pasbakhsh

    Associate

    Email Andy

    License(s): NV: 0189780

    Las Vegas

Single-Tenant Office Medical

miVIP & oBand Inc | Headquarters | Culver City, CA

Listing Price: $4,750,000

Cap Rate
4.40%
Tenant Name
oBand, Inc.
Years Remaining On Lease
5.20
Guarantor
Corporate Guarantee
Rentable SF
8,156
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.73

Investment Highlights

  • ASC (Ambulatory Surgical Center) Chain that Specializes in Minimally Invasive surgical procedures - Each miVIP facility facility is equipped with a da Vinci Surgical System.
  • Shift Towards Outpatient Surgical Facilities - Payers are driving the shift in procedures towards ASCs because surgery costs are lower in ASCs compared to other settings.
  • Specialized and Expensive Built-Outs - Medical office users renew leases at a higher rate than general office users, and for longer lease terms.

Investment Overview

Strong Fundamentals for Healthcare Real Estate - An aging U.S. population continues to drive healthcare spending. Healthcare is estimated to account for 20% of GDP by 2020.

Exclusively Listed By

  • Dustin R. Alvino

    First Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692

    Las Vegas

  • Andy Pasbakhsh

    Associate

    Email Andy

    License(s): NV: 0189780

    Las Vegas

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