Single-Tenant Dialysis
1416 Centinela Ave Inglewood, CA 90302
1416 Centinela Ave, Inglewood, CA, 90302
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For Sale
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Pending
Fee-simple opportunity for a single-tenant Fresenius dialysis clinic on Centinela Avenue with a new lease extension.
Days on Market103
Property Features for 1416 Centinela Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Los Angeles
(213) 943-1781
Listed by
Ara Rostamian · License #CA 01814678
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:53PM Checked: Jul 22 at 11:40AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
The offering presents the fee simple interest in the land and building of a single-tenant Fresenius dialysis clinic. The property has been operated as a dialysis clinic for more than 37 years. A tenant lease extension was recently signed, providing a new three-year term and two additional five-year options. Lease provisions include rare 3% annual increases through the main term, and for the option periods, a fair-market-value rental escalation at the beginning of each option year followed by 3% annual increases thereafter. The lease is guaranteed by RAI Care Centers of Southern California II, LLC, a subsidiary of Fresenius Medical Care.
The clinic is located on Centinela Avenue, a highly traveled corridor with more than 31,600 cars per day. The property is approximately 4 minutes from the 405 Freeway and about 10 minutes from Westfield Culver City and SoFi Stadium.
As an essential medical use, the site benefits from its setting in a dense demographic area with over 857,000 people within a 5-mile radius and an average household income exceeding $96,000.
The clinic is located on Centinela Avenue, a highly traveled corridor with more than 31,600 cars per day. The property is approximately 4 minutes from the 405 Freeway and about 10 minutes from Westfield Culver City and SoFi Stadium.
As an essential medical use, the site benefits from its setting in a dense demographic area with over 857,000 people within a 5-mile radius and an average household income exceeding $96,000.
Key Highlights
- Fee‑simple interest in a single‑tenant Fresenius dialysis clinic in Inglewood, CA
- Tenant signed a new 3‑year extension with two additional 5‑year options to extend at fair‑market‑value
- Lease includes 3% annual increases through the main term and fair‑market‑value escalation at the start of each option period for year one, then 3% annually
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Jabir R. ...
Physician
Rai Care Center ...
Medical Clinic
EDGAR ALLAN MUSNGI
Physician
SOLOMON F. BITEW
Physician
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FAQs
What type of property is this?
Medical center - Fee-simple opportunity for a single-tenant Fresenius dialysis clinic on Centinela Avenue with a new lease extension.
Where is this medical center located?
The property is located at 1416 Centinela Ave Inglewood, CA.
What are key features of this property?
This property features: Fee‑simple interest in a single‑tenant Fresenius dialysis clinic in Inglewood, CA; Tenant signed a new 3‑year extension with two additional 5‑year options to extend at fair‑market‑value; Lease includes 3% annual increases through the main term and fair‑market‑value escalation at the start of each option period for year one, then 3% annually
