9236 California City Blvd, California City, CA 93505

This freestanding commercial-zoned building is a corporate-guaranteed Hall Ambulance location. The tenant has operated at this location for decades and recently extended their lease until August 31, 2023. The property is a ±2,758 square foot professional office building producing a current rate of $3,588 per month NNN. Historically, the rent has increased by 10% per year. An investor can extend with the existing tenant in September 2023, offering an upcoming CAP Rate of 6.75%. The building includes multiple private rooms, a kitchen and dining area, and private restrooms. It is positioned on 0.22 acres of land with a private rear parking lot, a well-maintained yard, and street parking. Hall Ambulance inked a new lease in 2021 and is in their first corporate-guaranteed lease extension through 2023. The tenant has full licensing in place to operate at the location and completed a remodel when moving in. Hall Ambulance is the 9-1-1 paramedic provider for 94% of Kern County. It was the first local ambulance service to provide paramedic service (1975); implementing Kern County’s first critical care transport program (2009); the Company’s Communications Division assuming dispatch of 100% of all requests for medical aid throughout Kern County (2015). Hall Ambulance is known for providing high-quality advanced life support and basic life support care.