Urgent Care NNN
285 Mercey Springs Road A Los Banos, CA 93635
285 Mercey Springs Road A, Los Banos, CA, 93635
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For Sale
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Urgent care facility with dedicated parking in a retail plaza, secured by an NNN lease with extended term remaining.
Property Size4,944 SF
Price / SF$202.27
Days on Market112
Property Features for 285 Mercey Springs Road A
General Information
- Standard status
- Active
- Size
- 4,944 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2002
Listing agency
CENTURY 21 Select Real Estate, Inc.
Listed by
Geneva Brett · License #CA
Source
Crexi
Added: Apr 2 Updated: Jul 22 at 11:40AM 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 CENTURY 21 Select Real Estate, Inc.
Investment Insights
Based on property information with market context.
This property is a medical facility operated as an urgent care center. The offering is structured as an NNN investment, and the tenant has maintained 0 vacancy for over twenty years. The current lease has almost ten years remaining, along with a five-year renewal option.
The facility is located in Premier Cinemas Plaza at 285 Mercey Springs Road A in Los Banos, California. Public remarks indicate approximately 12,000 to 15,000 vehicles pass by daily, and the property is listed as being less than 1 mile from SR-152. Dedicated parking is available on-site, and the plaza provides more than 100 parking stalls.
This is a dedicated urgent care building within an established retail center environment, with NNN lease terms in place to support long-term occupancy.
The facility is located in Premier Cinemas Plaza at 285 Mercey Springs Road A in Los Banos, California. Public remarks indicate approximately 12,000 to 15,000 vehicles pass by daily, and the property is listed as being less than 1 mile from SR-152. Dedicated parking is available on-site, and the plaza provides more than 100 parking stalls.
This is a dedicated urgent care building within an established retail center environment, with NNN lease terms in place to support long-term occupancy.
Key Highlights
- Urgent care facility built in 2002 in Premier Cinemas Plaza
- NNN lease with 0 vacancy reported over 20+ years
- Lease term includes almost 10 years remaining plus a 5‑year renewal option
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.3k | $30.00 |
| − Vacancy | −$21.1k | −$4.26 |
| EGI | $127.3k | $25.74 |
| − OpEx | −$50.9k | −$10.30 |
| NOI | $76.4k | $15.44 |
4,944 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.09M
$954.4K – $1.27M
NOI $76,355 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
White Suzanne J ...
Pediatrician
Dr. Liautaud M. ...
Physician
Reyes David MD
Physician
Espinosa Jose MD
Physician
Infinite Womens Care
Physician
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FAQs
What type of property is this?
Medical center - Urgent care facility with dedicated parking in a retail plaza, secured by an NNN lease with extended term remaining.
Where is this medical center located?
The property is located at 285 Mercey Springs Road A Los Banos, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Urgent care facility built in 2002 in Premier Cinemas Plaza; NNN lease with 0 vacancy reported over 20+ years; Lease term includes almost 10 years remaining plus a 5‑year renewal option
