Established Urgent Care Medical
For Sale
$2,000,000
16661 Ventura, Encino, CA 91436
Fully equipped clinical facility with diagnostics, laboratory, pharmacy space, and rear-lot parking.
Property Size3,400 SF
Price / SF$588.24
Days on Market8
Property Features for 16661 Ventura
General Information
Standard status
Active
Size
3,400 SF
Property subtype
COMMERCIAL
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
Rodeo Realty
(818) 261-0030
Listed By:
Daniel Drantch · License #00900188
Source:
Truthrealty
Added: Aug 24
Changed: Aug 31
Last Checked: Aug 31 at 8:56AM
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 Rodeo Realty
Investment Insights
Based on property information with market context.
This established urgent care operation includes approximately 3,400 square feet of medical space configured for patient care. The facility contains fully equipped clinical areas, modern medical equipment, advanced diagnostic capabilities, an on-site laboratory, and dedicated pharmacy space. The offering also includes the operating business, experienced clinical and front-office personnel, technology and billing systems, and established patient relationships.
The practice operates seven days a week from 9:00 AM to 9:00 PM at 16661 Ventura, Encino, CA 91436. Ample parking is available in the rear lot. The facility is positioned for a qualified physician, medical group, or healthcare operator seeking an operating urgent care platform with its physical infrastructure and business systems already in place.
The practice operates seven days a week from 9:00 AM to 9:00 PM at 16661 Ventura, Encino, CA 91436. Ample parking is available in the rear lot. The facility is positioned for a qualified physician, medical group, or healthcare operator seeking an operating urgent care platform with its physical infrastructure and business systems already in place.
Key Highlights
- Approximately 3,400 square feet of medical space
- Urgent care practice operates seven days a week, from 9:00 AM to 9:00 PM
- On‑site laboratory and dedicated pharmacy space
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
$74,321
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
3.72%
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%
$1,486,420
$1.5M
Cap Rate 7%
$1,061,729
$1.1M
Cap Rate 9%
$825,789
$825.8K
Market Conditions
NOI Build-Up for 3,400 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
$130.6K $38.40/SF
− Vacancy
−$31.5K −$9.25/SF
EGI
$99.1K $29.15/SF
− OpEx
−$24.8K −$7.29/SF
NOI
$74.3K $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%
$1,486,420
Cap Rate 7%
$1,061,729
Cap Rate 9%
$825,789
Alternative Uses
Best Use
Office B
$1.06M
$929.0K – $1.24M
NOI $74,321 @ 7.0% cap · market cap 3.72%
Second Best
Healthcare Medical
$921.1K
$806.0K – $1.07M
NOI $64,477 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,424 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,972
Businesses Nearby
Explore this area
Business Placement
Demographics for 91436, CA
15,189
Population
6,288
Households
2.4
Avg Household Size
46
Median Age
71%
College-Educated
95%
High-School Grad
5.2 sq mi
ZIP Area
2,921
Density / Sq Mi
$174,803
Median Household Income
$87,821
Median Earnings
$2,813
Median Rent
$1,894,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Fully equipped clinical facility with diagnostics, laboratory, pharmacy space, and rear-lot parking.
Where is this medical center located?
The property is located at 16661 Ventura Encino, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 3,400 square feet of medical space; Urgent care practice operates seven days a week, from 9:00 AM to 9:00 PM; On‑site laboratory and dedicated pharmacy space
