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6337 Matheny Way Citrus Heights, CA 95621

Sponsored
For Sale
$1,837,000

Vacant Medical Office, Owner/User Opportunity

Property size:
6,250 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 6,250 square foot medical office building in Citrus Heights, CA, presents a unique owner/user opportunity. Located at 5959 Greenback Lane (AKA 6337 Matheny Way), this single-story, Class B building sits on a 0.5-acre lot and boasts a permitted Business Professional zoning. Built in 1986, the property features a fully functional, Medicare-approved Ambulatory Surgical Center (ASC) with two operating rooms, plus approximately 3,125 square feet of additional clinic/office space. Approximately 1,000 square feet of the clinic/office space is within a two-hour firewall of the ASC and could be easily incorporated into the ASC. The current tenant, NVISION Eye Centers, has expressed interest in a lease buyout or sublease, potentially allowing for a buyout during escrow. The property is currently vacant. The asking price is $1,837,000, representing a pro-forma cap rate of 10.45% and a price per square foot of $293.92. The lease is NNN with a single tenant and expires January 31, 2028, with a one 5-year lease option. The APN is 229-0010-038-0000. This is an ideal opportunity for an owner/user seeking a well-equipped medical facility in a prime location. The property's size, location, and existing infrastructure make it a highly attractive investment.

Property Features for 6337 Matheny Way

General Information

Property type
Medical offices
Square Feet
6,250 SF
Class
B
Lot Size
21,780 SF

Building Details

Year Built
1986
Buildings
1
Stories
1

HighLights

  • 6,250 SF medical office building in Citrus Heights, CA.
  • Single‑story, Class B building on a 0.5‑acre lot with Business Professional zoning.
  • Features a fully functional, Medicare‑approved ASC with two operating rooms and 3,125 SF of additional clinic/office space.
  • Currently vacant; NVISION Eye Centers lease buyout or sublease possible.
  • Asking price: $1,837,000 ($293.92/SF), pro‑forma cap rate of 10.45%.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Citrus Heights
County
Sacramento
State
California
Longitude
-121.3224737
Latitude
38.6813587

FAQs

What type of property is this?
Medical office - Vacant Medical Office, Owner/User Opportunity
Where is this medical office located?
The property is located at 6337 Matheny Way Citrus Heights, CA.
What is the asking price?
The asking price for this property is $1,837,000.
What are key features of this property?
This property features: 6,250 SF medical office building in Citrus Heights, CA.; Single-story, Class B building on a 0.5-acre lot with Business Professional zoning.; Features a fully functional, Medicare-approved ASC with two operating rooms and 3,125 SF of additional clinic/office space.
More about this property
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