Bought with Doug Cain • Advanced Properties Advi
$2,995,000
$2,995,000
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10,000 SqFt
SOLD DATE : 07/02/2021
Key Details
Sold Price $2,995,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $299
Subdivision Clearlake
MLS Listing ID 22033662
Sold Date 07/02/21
HOA Y/N Yes
Lot Size 1 Sqft
Property Description
A longtime owner is retiring and selling newer excellent fully leased medical/office building. It is a triple net (NNN) lease. The current tenant, VA'' Veteran's Administration Clinic, has leased for the past 10 years and just signed an additional 3-year lease. The VA'' Veteran's Administration Clinic is the one and only government tenant which makes it ideal for easy management. This premier building is one-story, and stand-alone with its single tenant. A prime medical/office commercial building in a highly visible location that includes approximately 10,000 sq.ft. building situated on 1.5 acres. This property is ideal for a 1031 exchange, investor looking for passive income with a financially stable tenant or a future owner/user. Great 8% cap rate which is an exceptionally good return on investment. This build-to-suit was completed in 2010 with 22 private offices. 9 exam rooms. Large open entry reception desk area. Beautiful spacious front entry waiting room and much more!
Location
State CA
County Lake
Area Lake County
Zoning Commercial
Interior
Heating Central, Gas, MultiType, MultiZone
Cooling Central
Flooring Carpet, Combo of Materials, Tile, Wood
Exterior
Utilities Available Internet Available, Master Gas Meter, Natural Gas Connected, Telephone, Underground Utilities
Roof Type Flat
Building
Lot Description Landscape Back, Landscape Misc, Low Maintenance, Private
Story 1
Foundation Slab
Sewer Public Sewer
Water Water District
Level or Stories 1
Others
Special Listing Condition None
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