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8218 Garfield Ave. BELL GARDENS, CA 90201 OFFERING MEMORANDUM Owner-User or Investment Opportunity Steve Body, MA, MSF, MSTA Vice President 818.852.9255 [email protected] CA BRE License #01927373 New Ambulatory Surgical Center & Medical Office High Capacity Potential Available for Sale or Lease

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Page 1: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

8218 Garfield Ave.B E L L G A R D E N S , C A 9 0 2 0 1O F F E R I N G M E M O R A N D U M

Owner-User or Investment Opportunity

Steve Body, MA, MSF, MSTAVice President818.852.9255 • [email protected] BRE License #01927373

New Ambulatory Surgical Center & Medical Office High Capacity Potential Available for Sale or Lease

Page 2: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Prepared By:

Steve Body, MA, MSF, MSTAVice [email protected] BRE Lic. #01927373

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.

01 Property & Location

02 Financial Summary

03 Property Photos

Table of Contents

8218 Garfield Ave.Bell Gardens, CA

Page 3: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

01 Property & Location

Page 4: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Proper ty Overview

4

Description of Opportunity

NAI Capital, Inc. is pleased to introduce 8218 Garfield Avenue, Bell Gardens, CA 90201.

The Property is a modern, newly built, approximately 6,630 SF, 2-story surgical center & medical office in superior condition. Property is a new construction that is approved for medical use by the City of Bell Gardens. The building has Certificate of Occupancy for Medical Office/Outpatient Surgical Services and it complies with earthquake safety requirements. The building is situated on a 9,907 SF (0.23 Acre) lot on a major street, 3 blocks North of the South Gate Shopping Center with many well-known national tenants. The Property has high-visibility and direct access to I-5, and the I-710 on-ramp about a minute south from the site. There is a total of 18 parking spaces with ampl street parking.

The property was built for the seller’s own use and it is in superior ‘never been used’ condition. The 1st floor is an Ambulatory Surgical Center with two (2) operating rooms, a three (3) bed recovery area and two (2) exam rooms. The 2nd floor has five (5) exam rooms, three (3) doctor’s or executive offices, X-Ray room, lab area, nurse’s station and break room. A total of four (4) ADA bathrooms with two (2) showers and an elevator. Modern lobby and patient waiting area.

Ideal Opportunity for Hospital Outpatient Centers, Healthcare Networks, Medical Group, IPAs, Urgent Care Center, Clinics, Micro Hospitals or individual doctors.

8218 Garfield Ave.Bell Gardens, CA

Page 5: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Proper ty Details8218 Garfield Ave.Bell Gardens, CA

P R O P E R T Y I N F O R M A T I O N

Asking Price $3,550,000

Year Built/Renovated 1990/2013

Building Size 6,630 SF

Lot Size 9,907 SF (0.23 Acre)

ParkingTotal of 18 - 15 Surface

Parking, 2 Garage, 1 Discharge

Zoning BGCM

APN # 6230-028-015

Asking Lease Rate $3.50/SF NNN

Pro Forma Cap Rate 7.85%

5

Cecilia St

Garfield Ave

Page 6: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Proper ty Highlights

6

Property Highlights

• 2-Story New Surgical Center and Medical Office Building in Superior Condition

• 2 Operating Rooms (3 Bed Recovery Areas)

• HIGH CAPACITY POTENTIAL Opportunity to add an additional 3 bed recovery area

• Total of Seven (7) Exam Rooms, Four (4) ADA Bathrooms, Four (4) Doctor’s Offices

• Convenient Floor Plan with Nurses Station, Admin Area, Lab, and Modern Lobby (Waiting Area)

• Wheel Chair Access, ADA Bathroom (with 2 Showers)

• Convenient Front Parking with Wrought Iron Gates

• Elevator

• Private Patio

• High-Quality Newly Constructed Building

• Security Key Access/ Motion Sensors / Camera

• Ideal for hospital, outpatient departments, surgical groups, urgent care, etc.

• Medical Gas & Vacuum System in Operating Rooms and Recovery area

• HVAC Ceiling Mounted HEPA Filter in Operating Rooms

• Backup Power Generator

• Certificate of Occupancy for Outpatient Surgical Services and Medical Office Use is Granted

8218 Garfield Ave.Bell Gardens, CA

Page 7: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Floor Plans

7

8218 Garfield Ave.Bell Gardens, CA

1 S T. F L O O R :

2 Restrooms (1 ADA w/shower)1 OfficeLobby/Waiting AreaReception Area2 Exam RoomsUtility RoomBio waste/Janitorial2 ORs

Recovery Area for 3 BedsElectrical RoomMed Gas AreaNurse StationSterilization Room3 Garage spaces1 Mechanical/Elevator Equip.

(located in level 1)15 Surface Parking (2 Handicap)

2 N D . F L O O R :

5 Exam Rooms1 X-Ray RmWaiting Area2 Restrooms (1 ADA w/ shower)Blood Drop RoomFile RoomOfficeLab

Laundry Room2 Executive OfficesBreak RoomStorage Room

Page 8: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

3D Floor Plans

8

8218 Garfield Ave.Bell Gardens, CA

Page 9: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Location Overview

9

Location Highlights

• Limited Inventory of Ambulatory Surgical Centers

• Direct Access to I-5 and I-710 Freeway On-Ramp – 1 Minute South of Property

• Busy Street with Strong Traffic Count – About 22,000 Cars per Day

• Convenient Patient and Employee Access from Surrounding Areas

• Steps Away from Signalized Intersection with Dedicated Traffic Lights

• Dynamic Neighborhood: El Paseo South Gate Shopping and Entertainment Center is Just 2 Blocks South – Home Depot, Office Max, Sam’s Club, Edward’s Cinema, Wells Fargo, Union Bank, Planet Fitness, Hooters, Denny’s, Burger King, Taco Bell, Carl’s Junior etc

• Bicycle Hotel and Casino and Bell Gardens Golf Course are Just Minutes Away

• Minutes to Single & Multifamily Residential Neighborhoods with Dense Population

• Over 877,000 people in a 5 Mile Radius with About 320 Million in Total Health Care Spending per Year

• 13 Hospitals within 5 Miles:Beverly HospitalCoast Plaza HospitalLos Angeles Community HospitalMartin Luther King Jr. Community HospitalsKaiser Permanente Cudahy Medical OfficesMonterey Park Hospital AHMCEast Los Angeles Doctors HospitalPIH Health Hospital DowneySt. Francis Medical CenterPromise Hospital of East Los AngelesNorwalk Community HospitalCollege Hospital Community Hospital of Huntington Park

+

8218 Garfield Ave.Bell Gardens, CA

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Cecilia St

Page 10: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

13 Hospitals Within 5 Mile Radius

10

8218 Garfield Ave.Bell Gardens, CA

Beverly Hospital

Coast Plaza Hospital

Los Angeles Community Hospital

Martin Luther King Jr. Community Hospital

Kaiser PermanenteCudahy Medical Offices

Monterey Park Hospital AHMC

East Los Angeles Doctors Hospital

PIH Health Hospital Downey

St. Francis Medical Center

Promise Hospital of East Los Angeles

Norwalk Community Hospital

College Hospital

Community Hospital of Huntington Park

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2

12

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11

10

3

4

8

9

7

6

5

1

12

2

3

4

13

7

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10

11

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Page 11: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Location Maps

11

8218 Garfield Ave.Bell Gardens, CA

210

710

710

Florence Ave

Firestone Blvd

Garf

ield

Ave

Eastern

Ave

Jabo

neri

a R

d

Florence Ave

Old

Riv

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Page 12: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Area Retail Map

12

8218 Garfield Ave.Bell Gardens, CA

Denim Exchange

®

SITE

Rio HondoGolf Club

Firestone Blvd

Southern Ave

Garfield Ave

Garfield A

ve

Florence Ave

710

710

Page 13: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

02 Financial Summary

Page 14: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Financial Summary

14

8218 Garfield Ave.Bell Gardens, CA

Asking Price $3,550,000

Asking Lease Rate $3.50/SF NNN

Cap Rate 7.85% (Pro Forma)

Page 15: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

03 Property Photos

Page 16: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Proper ty Photos

16

8218 Garfield Ave.Bell Gardens, CA

Page 17: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

Proper ty Photos

17

8218 Garfield Ave.Bell Gardens, CA

Page 18: Available for Sale or Lease - LoopNet...Temecula, CA 92590 951.491.7590 Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200 Coachella Valley Palm Desert 75-410

About UsNAI Capital Company is one of Southern California’s leading full-service commercial real estate organizations, providing a complete

range of transaction, valuation, investment, property management and consulting services. NAI Capital is one of the largest members of

NAI Global, a premier real estate service network with 400 offices and 7,000 market leaders spanning the globe. By leveraging our local

expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, corporate occupants

and investors throughout Southern California. Since 1979, NAI Capital clients have built their businesses on the power of our expanding

network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.

Steve Body, MA, MSF, MSTAVice [email protected] BRE Lic. #01927373

NAI Capital 16001 Ventura Boulevard Encino, CA 91436 (818) 905-2400 Tel www.naicapital.com

NAI Capital Southern California Of fice LocationsLos 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

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