steve body, ma, msf, msta grant bullen 295 e. imperial hwy...los angeles county downtown la 601 s....
TRANSCRIPT
High-Visibility Surgical Center & Medical Office For Sale
295 E. Imperial Hwy F U L L E R T O N , C A 9 2 8 3 5
Steve Body, MA, MSF, MSTAVice President
818.852.9255
Cal DRE Lic #01927373
Grant BullenAssociate
818.815.2414
Cal DRE Lic #02060015
Building & Practice Available
2 9 5 I M P E R I A L H I G H W A Y | 2Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and may be trademarks of their respective companies. NAI Capital, Inc. Cal DRE Lic. #01990696.
01 Property & Location
02 Financial Summary
03 Property Photos
Table of Contents
295 Imperial Hwy Fullerton, CA 92835
Prepared By:
Steve Body, MA, MSF, MSTAVice [email protected] DRE Lic. #01927373
Grant BullenAssociate
Cal DRE Lic #02060015
01 Property & Location
2 9 5 I M P E R I A L H I G H W A Y | 4Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414 2 9 5 I M P E R I A L H I G H W A Y | 4
Proper ty Overview
NAI Capital, Inc. is pleased to introduce 295 Imperial Highway Fullerton, CA 92835 – a unique opportunity to purchase a modern surgical center/medical office building and the related surgical and pain management practices.
The building was converted to an 8,197 SF surgical center and medical office in 2008 and it is situated on a large 33,738 SF Lot with close to 10:1 parking. Built in 1978, the building is grandfathered into having a large permitted billboard signage offering strong visibility to the 90,500 cars passing by each day. The property is located adjacent to a modern McDonald’s on Imperial Highway (Rt.90) and has direct access I-5, Rt. 60 and Rt. 57, offering easy patient and employee access.
The Ambulatory Surgical Center (ASC) qualified for a deemed status by Medicare and is accredited by the Joint Commission. The high capacity ASC has 2 modern operating rooms, 6 recovery beds, 3 pre-op stations, clean room, shower, an electric back-up generator and a separate entrance and exit. The ASC is fully equipped with 2 modern C-Arms, anesthesia machines and autoclaves. Ideal for Pain Management, Orthopedic, Spine, Vascular or Plastic surgeries or Wound care.
The modern Medical Office area has 7 exam rooms, 4 executive offices, a large physical therapy room and a spacious lobby and receptionist area with cathedral ceilings, roof-top windows with open sunlight and high-end finishes throughout. The building provides an open and welcoming environment to patients.
The Pain Management and Surgical Practice has 31 years of goodwill and a balanced payor mix with diversified insurance contracts and a steady referral base from personal injury attorneys. The practice has a full support staff, a chiropractor and a pain management doctor. In house spine surgeon is available for referrals.
The Property and the Practice are available separately or together with the building. Ideal opportunity for a surgical group or for a healthcare real estate investor looking for a high-quality asset in premium location.
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 5Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Proper ty Highlights
› 8,197 SF Freestanding Medical Office & Outpatient Surgery Center
› 2 Operating Rooms
› 6 Recovery Beds – High Capacity
› 2 Pre-Op Stations
› 7 Exam Rooms
› 5 Bathrooms
› X-Ray Room
› Large Physical Therapy Area
› 4 Executive Offices
› 2 Large Lobbies with High, Cathedral Ceilings
› High End Finishes
› 1,745 SF Patio – Opportunity to Increase Building SF
› 77 Parking Spaces
› Fully Renovated in 2008
› Newly Installed Aquos Hygiene Anti-Microbial Ozone Faucets
› 100% Financing Possibly Available
› Billboard Signage
› Located on Imperial Highway (Rt. 90) – 90,500 Average Daily Traffic
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 6Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Practice Highlights
Medical Practice Highlights
› Two Parts: Alliance Surgery Center and Regional Pain Treatment Medical Center
› Multi-Specialty Surgery & Pain Center
› 31 Years of Goodwill with Referring Doctors, Insurance Carriers, and Attorneys
› Surgical Center Accredited by the Joint Commission & has Deemed Status by Medicare
› Fully Equipped with Over $500k surgical Equipment Ready for Pain, Orthopedic, Joint, Spine, Vascular, etc.
› Full Support Staff
› Diversified Payor Mix: PPO, Medicare, PI, Work Comp, HMO
› Option to Purchase Practice and Lease the Building
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 7Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Proper ty Details
P R O P E R T Y I N F O R M A T I O N
Year Built 1978/2008R
Building Size 8,197 SF
Lot Size 33,738 SF
Parking 77 Spaces – 9.4:1 Ratio
Zoning C-M
APN # 296-201-08
Building & Practice Price $5,925,000
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 8Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Floor Plan
Lobby
Reception
Lobby
OperatingRoom
OperatingRoom
Recovery Area (6 Beds)
Physical Therapy
X-Ray
Reception
Office Office Office Office
Exam Exam Exam Exam
Exam
Exam
Exam
Cleaning Room
295 E. Imperial HwyFULLERTON, CA 92835
02 Financial Summary
2 9 5 I M P E R I A L H I G H W A Y | 1 0Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Financial Summary
Asking Prices
Building: $ 5,100,000
Medical & Surgical Practice: $ 825,000
Building (Pro Forma)
Rental Rate: $3.50/SF
Monthly Rent: $28,690
Cap Rate: 6.75%
Asking Price: $5,100,000
Medical & Surgical Practice
Asking Price $825,000
Medical & Surgical Practice Financials Available Upon Request 100% Financing May Be Available
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 1Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Fuller ton, California
Market Area
Fullerton is located just 2 miles north of Disneyland at the border of Los Angeles and North Orange County. The City has a very strong local economy with
33 major development projects currently underway. One minute from the Property, CVS has its large regional storage facility with 8 new industrial buildings
(about a million square feet) in the early construction phase. At the adjacent corner to the Property, the large Harbor Boulevard Shopping Center is being
renovated. The about 100,000 SF retail destination will attract large number new customers to the immediate market area. Fullerton is a city renowned for
its unique mix of residential, commercial, educational and cultural environments that provide an outstanding quality of life for its residents. Known as “The
Education Community,” Fullerton is home to five colleges, including California State University, Fullerton and has award-winning elementary and secondary
school systems. The historic Downtown District hosts numerous restaurants and clubs ranging from fast-food favorites to five-star gourmet establishments.
Other popular destinations are the award-winning Fullerton Museum Center, galleries and cultural centers; the Fullerton Arboretum, two championship golf
courses and a driving range; an Olympic-sized swim complex; and more than 40 parks, recreation and equestrian trails.
109,998Households
180,884 Total Employment
$77,626Average Household Income
429,010 Estimated Population
$217,771,000Total Healthcare Spending
$4,466,083,000Total Consmer Spending
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 2Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Location Overview
• 7 Hospitals Within 5 Mile Radius
• Total Healthcare Spending $217 Million
• Total Consumer Spending $4.4 Billion
• Average Daily Traffic – 95,000 Cars Directly in front of the Property
• Direct Access to I-5, Rt. 60, Rt 57
• Convenient Patient and Employee Access from Surrounding Areas
• St. Jude Medical Center - A Major Hospital Just Minutes from the Property
L O C A T I O N H I G H L I G H T S
S T J U D E M E D I C A L C E N T E R
St. Jude Medical Center is a 320 Bed, faith-based, not-for-profit hospital located just minutes from the Property. Established in 1957, St. Jude provides exceptional care and is one of Southern California’s most respected and technologically advanced hospitals. With nearly 700 of the area’s finest physicians on staff, St. Jude offers nearly every medical specialty and sub-specialty. Whether for the birth of a baby, lifesaving surgery or a routine mammogram, St. Jude continues to set the standard for medical care and offers the community the most comprehensive array of services and programs.
• 15,053 surgeries
• 2,380 babies born
• 72,249 emergency department visits
• 449,809 outpatient visits (excluding emergency department)
• 320 licensed beds
• 629 physicians
• 2,373 employees (full time and part time)
+
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 3Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Area Hospitals & Medical Centers
AHMC Anaheim Regional
Whittier Hospital
St. Jude Heritage Healthcare
Kindred Hospital Brea St. Joseph Heritage
Kindred Hospital La Mirada
295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 4Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Area Hospitals & Medical Centers 295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 5Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Imperial Highway Retail Corridor 295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 6Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Location Maps295 E. Imperial HwyFULLERTON, CA 92835
03 Property Photos
2 9 5 I M P E R I A L H I G H W A Y | 1 8Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Proper ty Photos295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 1 9Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Proper ty Photos295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 2 0Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
Proper ty Photos295 E. Imperial HwyFULLERTON, CA 92835
2 9 5 I M P E R I A L H I G H W A Y | 2 1Steve Body, MA, MSF, MSTA, Vice President | 818.852.9255 Grant Bullen, Associate | 818.815.2414
NAI Capital Encino16001 Ventura Blvd. Suite 200Encino, CA 91436www.naicapital.com
Steve Body, MA, MSF, MSTAVice [email protected] DRE Lic. #01927373
Grant Bullen [email protected] DRE Lic #0206001
Primary Contact
No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and may be trademarks of their respective companies. NAI Capital, Inc. CA BRE Lic. #01990696.
NAI Capital Southern Cal i fornia Off ice Locations
Los Angeles County
Downtown LA 601 S. Figueroa St., Ste 3825 Los Angeles, CA 90017 213.632.7700
West Los Angeles 11835 Olympic Blvd., Ste. 700E Los Angeles, CA 90064 310.440.8500
Torrance 970 W. 190th St. Dr., Ste. 100 Torrance, CA 90502 310.532.9080
Pasadena 225 S. Lake Ave., Ste. 1170 Pasadena, CA 91101 626.564.4800
Valencia 27451 Tourney Rd., Ste. 200 Valencia, CA 91355 661.705.3550
Diamond Bar 21660 E. Copley Dr., Ste. 320 Diamond Bar, CA 91765 909.348.0600
Ventura County
Oxnard 300 Esplanade Dr., Ste. 1660 Oxnard, CA 93036 805.278.1400
Westlake Village 2555 Townsgate Rd., Ste. 320 Westlake Village, CA 91361 805.446.2400
Simi Valley 2655 First St., Ste. 250 Simi Valley, CA 93065 805.522.7132
Orange County
Irvine 1920 Main St., Ste. 100 Irvine, CA 92614 949.854.6600
Inland Empire
Ontario 800 N. Haven Dr., Ste. 400 Ontario, CA 91764 909.945.2339
Temecula 27720 Jefferson Ave., Ste. 330 Temecula, CA 92590 951.491.7590
Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200
Coachella Valley
Palm Desert 75-410 Gerald Ford Dr., Ste. 200 Palm Desert, CA 92211 760.346.1566
Headquarters 16001 Ventura Blvd., Ste. 200 Los Angeles, CA 91436 818.905.2400
Property Management 1201/2 South El Camino Real, Ste. 210 San Clemente, CA 92674 949.874.0415
High Visibility Surgical Center & Medical Office Building & Practice Available for Sale