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    2045 Royal Ave Simi Valley, CA 93065

    For Lease
    $22 SF/Yr

    Medical Office Suites for Lease

    Lot size:
    12,613 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional medical office building, the Royal Medical Plaza, located at 2045 Royal Ave, Simi Valley, CA 93065, offers 12,613 square feet of prime space in the Simi Valley/Moorpark submarket of Ventura County. The property features six suites, with multiple tenancy options available. Currently, there are 7,136 square feet of vacant space ready for immediate occupancy. Individual suites range from a minimum of 459 square feet to a maximum contiguous space of 1,870 square feet, providing flexibility for practices of various sizes. The building is equipped with elevators for convenient access. This location provides excellent visibility and accessibility for patients and staff, making it an ideal setting for medical professionals seeking a thriving practice environment in a well-established community. The property is categorized as an office building with a medical office subtype. Interested parties are encouraged to inquire about lease terms and available suite configurations. This is a fantastic opportunity to establish or expand your medical practice in a desirable Simi Valley location.

    Property Features for 2045 Royal Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,613 SF
    Total Rate
    23334.05

    Unit(s) available at that property

    Space
    Suite 210
    Size
    1,385 SF
    Rate per SF
    $28
    Space
    Suite 221
    Size
    1,870 SF
    Rate per SF
    $28
    Space
    Suite 110
    Size
    1,168 SF
    Rate per SF
    $22
    Space
    Suite 122
    Size
    690 SF
    Rate per SF
    $28
    Space
    Suite 105
    Size
    459 SF
    Rate per SF
    $28
    Space
    Suite 208
    Size
    1,564 SF
    Rate per SF
    $28

    HighLights

    • 12,613 SF medical office building in Simi Valley, CA.
    • Recently completed major interior and exterior renovations.
    • New elevator installed.
    • AT&T fiber optic service available.
    • Abundant window line due to shallow bay depths.
    • Professionally managed property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sahar Yaftaly, DMD Dentist Joe Cheng, D.D.S. Dentist Dr. Maria Dolores ... Dentist Digiacinto Dov Josie ... Dentist Dr. Vernon M. ... Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.757702
    Latitude
    34.2615522

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    FAQs

    What type of property is this?
    Medical office - Medical Office Suites for Lease
    Where is this medical office located?
    The property is located at 2045 Royal Ave Simi Valley, CA.
    What is the lease rate?
    The lease rate is $22-$28 SF/Yr.
    What are key features of this property?
    This property features: 12,613 SF medical office building in Simi Valley, CA.; Recently completed major interior and exterior renovations.; New elevator installed.
    Request Owner's contact information
    2045 Royal Ave Simi Valley, CA 93065
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    Simi Valley, CA 93065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2045 Royal Ave Simi Valley, CA 93065
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