Medical Office Space with Plumbing for Medical
For Sale
Contact for pricing
7035 Palm Ave, Highland, CA 92346
Medical office space with plumbing for medical use and partially fenced premises, with convenient access to the 210 and 10 Freeways.
Property Size1,968 SF
Price / SF$384.19
Days on Market773
Property Features for 7035 Palm Ave
General Information
Standard status
Active
Size
1,968 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Buildings
3
Listing Agency:
Voit Real Estate Services
(909) 775-4475
Listed By:
Dante Borruso
(909) 775-4475
Source:
Moodyscre
Added: Jun 19, 2024
Changed: Jul 30
Last Checked: Jul 31 at 9:13AM
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 Voit Real Estate Services
Investment Insights
Based on property information with market context.
Medical office space offered with plumbing for medical use and a partially fenced setup. The offering includes three building addresses: 7035 contains approximately 1,968 SF; 7045 includes approximately 1,176 SF and an additional approximately 1,500 SF building. The properties are identified by APNs 1200-361-03 and 1200-361-04.
The combined location provides access to the 210 Freeway and the 10 Freeway. The buildings must be sold together, supporting a unified ownership and operational approach for a medical office user or owner-operator.
This is a multi-building medical office configuration designed for occupancy that benefits from on-site plumbing already in place.
The combined location provides access to the 210 Freeway and the 10 Freeway. The buildings must be sold together, supporting a unified ownership and operational approach for a medical office user or owner-operator.
This is a multi-building medical office configuration designed for occupancy that benefits from on-site plumbing already in place.
Key Highlights
- 7035 Palm Ave includes a ±1,968 SF building
- 7045 Palm Ave includes a ±1,176 SF building and a ±1,500 SF building
- Plumbing for medical use
Financial Insights For Office B
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 | $33.5k | $17.04 |
| − Vacancy | −$2.6k | −$1.35 |
| EGI | $30.9k | $15.69 |
| − OpEx | −$7.7k | −$3.92 |
| NOI | $23.2k | $11.77 |
1,968 SF · lease $17.04/SF/yr · vacancy 7.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$330.9K
$289.6K – $386.1K
NOI $23,164 @ 7.0% cap · market cap 3.06%
Second Best
Healthcare Medical
$233.0K
$203.9K – $271.9K
NOI $16,313 @ 7.0% cap · market cap 2.16%
Theoretical Best
Office A
$415.1K
$363.2K – $484.3K
NOI $29,058 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92346, CA
57,812
Population
18,075
Households
3.2
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
27.1 sq mi
ZIP Area
2,133
Density / Sq Mi
$84,818
Median Household Income
$40,066
Median Earnings
$1,654
Median Rent
$461,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Highland Village Pet Hospital — 7257 Boulder Ave, Highland, CA 92346
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space with plumbing for medical use and partially fenced premises, with convenient access to the 210 and 10 Freeways.
Where is this medical office space located?
The property is located at 7035 Palm Ave Highland, CA.
What is the asking price?
The asking price for this property is $756,092.
What are key features of this property?
This property features: 7035 Palm Ave includes a ±1,968 SF building; 7045 Palm Ave includes a ±1,176 SF building and a ±1,500 SF building; Plumbing for medical use
