for sale - loopnet...investment portfolio 333 s arroyo pkwy pasadena, ca 91105 this 24,123 rentable...
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![Page 1: For Sale - LoopNet...Investment Portfolio 333 S Arroyo Pkwy Pasadena, CA 91105 This 24,123 rentable square foot multi-tenant medical office building was built in 1985 and purchased](https://reader035.vdocuments.net/reader035/viewer/2022070907/5f827de3e2c1c870a25dd971/html5/thumbnails/1.jpg)
135 Rosemead BlvdPasadena, CA 91107
› HRC Fertility administration building
› 8,425 Square Feet
› 19,633 SF Land
› 100% Occupied by HRC Fertility
› NNN Lease expires April 2026
For SaleTwo Building, Multi-Tenant Portfolio InvestmentPasadena, CA$22,650,000.00
333 S Arroyo PkwyPasadena, CA 91105 › Medical office building
› 24,123 SF
› 16,198 SF land
› Parking located on first floor and basement levels
› 100% occupied with two medical tenants.
› High-end medical improvements.
› Gross leases expire April 2025-2026
No warranty, express or implied, is made as to the accuracy of the information contained herein. this in-formation 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 bro-kers, 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. NAI Capital CA BRE #01990696
Bob HarrisonSenior Vice [email protected] BRE Lic #00522448
Sheri McCanlessSenior Vice [email protected] BRE Lic #01306519
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For SalePasadena Medical Investment Portfolio
333 S Arroyo PkwyPasadena, CA 91105
This 24,123 rentable square foot multi-tenant medical office building was built in 1985 and purchased by HRC Fertility in 2004. The interior improvements are class A standard and fully built-out as medical offices. This property is impeccably maintained by HRC Fertility who occupies 88.5% of the building. MyLook Surgery Center occupies 11.5%, MyLook is a fully licensed in-suite surgical facility.
135 Rosemead BlvdPasadena, CA 91107
This 8,425 rentable square foot administrative office building is 100% occupied by HRC Fertility for their administration. The building was totally refurbished in 2008 and 2016 and 100% occupied by HRC Fertility. Their lease runs through April 2026.
No warranty, express or implied, is made as to the accuracy of the information contained herein. this in-formation 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 bro-kers, 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. NAI Capital CA BRE #01990696
Bob HarrisonSenior Vice [email protected] BRE Lic #00522448
Sheri McCanlessSenior Vice [email protected] BRE Lic #01306519
333 S Arroyo Pkwy 135 S Rosemead Blvd Totals
Improvements 24,123 RSF 8,425 RSF 32,548 RSF
2018 Projected Income $1,047,199 $201,809 $1,249,008
2018 Estimated Expenses $309,540 -- $309,540
2018 Projected NOI $737,659 $201,809 $939,468
Price $18,400,000 $4,250,000 $22,650,000
Executive Summary
The TenantsHRC Fertility (HRC Professional Corporation) was founded in 1988 and previously known as Huntington Reproductive Center. From its infancy in Pasadena, HRC has grown to nine locations across Southern California. As the leading provider of new fertility treatments and procedures, Forbes named HRC Fertility as one of the 20 busiest clinics in the United States.
In 2017, HRC Fertility merged its United States practice with Wintime Group of China to provide its leading fertility treatments and procedures through greater China. Wintime is a $14.7B company currently ranked #1 in China’s private assisted reproductive industry.
MyLook Surgery Center is a highly rated Cosmetic Surgery Center offering all aspects of plastic surgery. They have two offices in Southern California, Pasadena and Newport Beach.
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For SalePasadena Medical Investment Portfolio
No warranty, express or implied, is made as to the accuracy of the information contained herein. this in-formation 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 bro-kers, 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. NAI Capital CA BRE #01990696
Bob HarrisonSenior Vice [email protected] BRE Lic #00522448
Sheri McCanlessSenior Vice [email protected] BRE Lic #01306519
333 S Arroyo Pkwy
Huntington Hospital
Goldline
210
710
Colorado Blvd
California Blvd
Del Mar Blvd
Fair O
aks Ave
Arro
yo P
kwy
Goldline
333 S Arroyo Pkwy
135 S Rosemead Blvd