Single-Tenant Medical Dialysis
For Sale
Contact for pricing
1382 Locust, Pasadena, CA 91106
2017 build-to-suit clinic is 100% leased to DaVita under a new 15-year, corporately guaranteed agreement.
Property Size11,692 SF
Days on Market121
Property Features for 1382 Locust
General Information
Standard status
Active
Size
11,692 SF
Property subtype
Retail, Office
Occupancy
100%
Site & Location
Traffic Count
33,093 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 9:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
This 2017 build-to-suit medical dialysis clinic is 100% leased to DaVita under a new 15-year lease term, with rent commencement in November 2017. DaVita Inc. provides a corporate guarantee, and the lease includes annual rent increases of 2% during the primary term and option periods. The facility totals 11,692 square feet and includes 24 patient stations, plus one private station in a separate room.
The clinic is located on Locust Street in Pasadena, with traffic count of 33,093 VPD and access/visibility along the corridor. The site is 2.5 blocks north of Colorado Blvd (Historic Route 66) and 1.5 blocks south of Interstate 210 (traffic count 295,000 VPD), providing direct access to Los Angeles and other Greater L.A. markets.
Surrounding area context includes dense residential neighborhoods and a mix of national retail tenants, with nearby demand generators such as Old Town Pasadena, Paseo Colorado, the Rose Bowl, Caltech, and The Huntington Library. The facility is approximately 3 miles from Huntington Hospital, and Pasadena is positioned as an employment and cultural center within the Greater Los Angeles area.
The clinic is located on Locust Street in Pasadena, with traffic count of 33,093 VPD and access/visibility along the corridor. The site is 2.5 blocks north of Colorado Blvd (Historic Route 66) and 1.5 blocks south of Interstate 210 (traffic count 295,000 VPD), providing direct access to Los Angeles and other Greater L.A. markets.
Surrounding area context includes dense residential neighborhoods and a mix of national retail tenants, with nearby demand generators such as Old Town Pasadena, Paseo Colorado, the Rose Bowl, Caltech, and The Huntington Library. The facility is approximately 3 miles from Huntington Hospital, and Pasadena is positioned as an employment and cultural center within the Greater Los Angeles area.
Key Highlights
- 2017 build‑to‑suit medical facility 100% leased to DaVita under a new 15‑year lease term
- DaVita lease is corporately guaranteed by DaVita Inc., with rent commencement in November 2017
- Clinic includes 11,692 SF with 24 patient stations plus 1 private station in a separate room
Property Analytics
Current Use
Lease Details
33,093 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,850
Businesses Nearby
Explore this area
Business Placement
Demographics for 91106, CA
24,172
Population
11,809
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
2.7 sq mi
ZIP Area
8,953
Density / Sq Mi
$89,213
Median Household Income
$59,700
Median Earnings
$2,096
Median Rent
$966,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - 2017 build-to-suit clinic is 100% leased to DaVita under a new 15-year, corporately guaranteed agreement.
Where is this medical center located?
The property is located at 1382 Locust Pasadena, CA.
What are key features of this property?
This property features: 2017 build‑to‑suit medical facility 100% leased to DaVita under a new 15‑year lease term; DaVita lease is corporately guaranteed by DaVita Inc., with rent commencement in November 2017; Clinic includes 11,692 SF with 24 patient stations plus 1 private station in a separate room
