Medical Office
8200 Firestone Boulevard, Downey, CA 90241
For Sale
New
$4,836,619
The space is located at 8200 Firestone Boulevard in Downey.
Property Size7,100 SF
Price / SF$681.21
Days on Market6
Property Features for 8200 Firestone Boulevard
General Information
Standard status
Size
Property subtype
Listing Agency:
CBRE
Listed By:
John Scruggs · License CA #01796875
(949) 842-5897
Source:
Cbre
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 6:30AM
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 CBRE
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Investment Insights
Based on property information with market context.
Medical office space is offered at 8200 Firestone Boulevard in Downey, California. The city is approximately 12 miles southeast of downtown Los Angeles.
Key Highlights
- 8200 Firestone Boulevard address in Downey, California
- Approximately 12 miles southeast of downtown Los Angeles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,945
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,258,900
$3.3M
Cap Rate 7%
$2,327,786
$2.3M
Cap Rate 9%
$1,810,500
$1.8M
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$255.6K $36.00/SF
− Vacancy
−$38.3K −$5.40/SF
EGI
$217.3K $30.60/SF
− OpEx
−$54.3K −$7.65/SF
NOI
$162.9K $22.95/SF
Area
Downey, CA
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,258,900
Cap Rate 7%
$2,327,786
Cap Rate 9%
$1,810,500
Alternative Uses
Best Use
Office B
$2.33M
$2.04M – $2.72M
NOI $162,945 @ 7.0% cap · market cap 3.37%
Second Best
Healthcare Medical
$1.48M
$1.29M – $1.72M
NOI $103,467 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$2.90M
$2.53M – $3.38M
NOI $202,776 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,088
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 90241, CA
44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Los Angeles County, CA
Properties on Market for Medical Office Space in Los Angeles County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Thomas Veterinary Hospital — 11548 Downey Ave, Downey, CA 90241
- Downey Veterinary Hospital — 11220 Brookshire Ave, Downey, CA 90241
- Petco Vaccination Clinic — 8580 Firestone Blvd, Downey, CA 90241
- Vetco — 8580 Firestone Blvd, Downey, CA 90241
- Firestone Animal Hospital — Downey, CA 90241
Frequently Asked Questions
What type of property is this?
Medical Office Space - The space is located at 8200 Firestone Boulevard in Downey.
Where is this medical office space located?
The property is located at 8200 Firestone Boulevard Downey, CA.
What is the asking price?
The asking price for this property is $4,836,619.
What are key features of this property?
This property features: 8200 Firestone Boulevard address in Downey, California; Approximately 12 miles southeast of downtown Los Angeles
