Single-Tenant Medical
For Sale
Contact for pricing
3140 Long Beach Blvd, Long Beach, CA 90807
Single-tenant medical facility built for dialysis operations under a net lease structure.
Property Size7,265 SF
Lot Size0.55 Acres
Price / SF$465.24
Days on Market11
Property Features for 3140 Long Beach Blvd
General Information
Standard status
Active
Size
7,265 SF
Net Rentable
7,265 SF
Lot size
0.55 Acres
Property subtype
Office, Special Purpose
Lease Type
NN
Investment Type
Net Lease
Building Details
Year Built
2011
Tenancy
Single
Listing Agency:
Marcus & Millichap - Inland Empire
Listed By:
Drew Wetherholt · License #CA 01065168
Source:
Crexi
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 29 at 11:17AM
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 - Inland Empire
Investment Insights
Based on property information with market context.
This single-tenant medical center is configured as a dialysis facility and occupies approximately 7,265 rentable square feet. The building was completed in 2011 and sits on a 0.548-acre lot, providing a defined healthcare-oriented property profile.
The facility is located at 3140 Long Beach Boulevard in Long Beach, California, within the 90807 ZIP code. Its net-leased structure and dedicated medical use distinguish the asset from general-purpose commercial buildings. The property combines a purpose-built healthcare setting with a modern construction date and a clearly identified occupant configuration.
The facility is located at 3140 Long Beach Boulevard in Long Beach, California, within the 90807 ZIP code. Its net-leased structure and dedicated medical use distinguish the asset from general-purpose commercial buildings. The property combines a purpose-built healthcare setting with a modern construction date and a clearly identified occupant configuration.
Key Highlights
- Dialysis facility with a single‑tenant configuration
- Approximately 7,265 rentable square feet
- Built in 2011
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
$110,684
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
3.27%
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%
$2,213,680
$2.2M
Cap Rate 7%
$1,581,200
$1.6M
Cap Rate 9%
$1,229,822
$1.2M
Market Conditions
NOI Build-Up for 7,265 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
$200.5K $27.60/SF
− Vacancy
−$16.0K −$2.21/SF
EGI
$184.5K $25.39/SF
− OpEx
−$73.8K −$10.16/SF
NOI
$110.7K $15.24/SF
Area
Long Beach, CA
Vacancy
8.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
40.00%
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%
$2,213,680
Cap Rate 7%
$1,581,200
Cap Rate 9%
$1,229,822
Alternative Uses
Best Use
Healthcare Medical
$1.58M
$1.38M – $1.84M
NOI $110,684 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M
NOI $272,276 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,604
Businesses Nearby
Explore this area
Business Placement
Demographics for 90807, CA
32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Single-tenant medical facility built for dialysis operations under a net lease structure.
Where is this medical center located?
The property is located at 3140 Long Beach Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $3,380,000.
What are key features of this property?
This property features: Dialysis facility with a single‑tenant configuration; Approximately 7,265 rentable square feet; Built in 2011
