Turnkey Single-Story Medical
For Sale
Contact for pricing
166 E Foothill Blvd, Arcadia, CA 91006
Single-story turnkey medical and professional office space on a major Arcadia commercial corridor.
Property Size1,416 SF
Price / SF$635.59
Days on Market60
Property Features for 166 E Foothill Blvd
General Information
Standard status
Active
Size
1,416 SF
Class
C
Total Parking Spaces
2
Property subtype
Office
Lease Type
Modified Gross
Additional Details
Business Included
Yes
Building Details
Year Built
1947
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial NRT Pasadena
(626) 844-2200
Listed By:
Robert Ip · License #CA
Source:
Crexi
Added: Jun 30
Changed: Aug 25
Last Checked: Aug 26 at 11:45AM
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 Coldwell Banker Commercial NRT Pasadena
Investment Insights
Based on property information with market context.
This turnkey, single-story professional building provides 1,416 square feet designed for medical and related professional uses. The property is configured as an efficient office format suited to practices that require a straightforward, accessible layout.
The building is located on East Foothill Boulevard in Arcadia, described as part of the city’s premier commercial corridor. The offering includes high-visibility frontage within an established commercial retail environment, supporting a professional services presence.
With its turnkey condition and purpose-built medical and professional services fit, the space is well aligned for medical practices, dental offices, mental health services, and similar healthcare providers. Buyers or operating companies seeking an immediately usable footprint on a prominent frontage corridor may find this configuration practical for day-to-day patient and client service needs.
The building is located on East Foothill Boulevard in Arcadia, described as part of the city’s premier commercial corridor. The offering includes high-visibility frontage within an established commercial retail environment, supporting a professional services presence.
With its turnkey condition and purpose-built medical and professional services fit, the space is well aligned for medical practices, dental offices, mental health services, and similar healthcare providers. Buyers or operating companies seeking an immediately usable footprint on a prominent frontage corridor may find this configuration practical for day-to-day patient and client service needs.
Key Highlights
- Turnkey single‑story professional building built in 1947
- 1,416 SF office space designed for medical, dental, mental health, and other healthcare services
- Located on East Foothill Boulevard in Arcadia’s established commercial retail corridor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,953
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$619,060
$619.1K
Cap Rate 7%
$442,186
$442.2K
Cap Rate 9%
$343,922
$343.9K
Market Conditions
NOI Build-Up for 1,416 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.4K $38.40/SF
− Vacancy
−$13.1K −$9.25/SF
EGI
$41.3K $29.15/SF
− OpEx
−$10.3K −$7.29/SF
NOI
$31.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$619,060
Cap Rate 7%
$442,186
Cap Rate 9%
$343,922
Alternative Uses
Best Use
Office B
$442.2K
$386.9K – $515.9K
NOI $30,953 @ 7.0% cap · market cap 3.44%
Second Best
Healthcare Medical
$383.6K
$335.7K – $447.6K
NOI $26,853 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$758.1K
$663.4K – $884.5K
NOI $53,068 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,743
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Western Medical Supply Inc — 117 E Huntington Dr, Arcadia, CA 91006
- Banfield Pet Hospital — 745 W Huntington Dr, Monrovia, CA 91016
- Gerstein Adam DVM — 311 N Santa Anita Ave, Arcadia, CA 91006
- Klause Stephen DVM — 311 N Santa Anita Ave, Arcadia, CA 91006
- Arcadia Small Animal Hospital — 311 N Santa Anita Ave, Arcadia, CA 91006
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story turnkey medical and professional office space on a major Arcadia commercial corridor.
Where is this medical office space located?
The property is located at 166 E Foothill Blvd Arcadia, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Turnkey single‑story professional building built in 1947; 1,416 SF office space designed for medical, dental, mental health, and other healthcare services; Located on East Foothill Boulevard in Arcadia’s established commercial retail corridor
