Citrus Heights Medical
For Sale
Contact for pricing
6337 Matheny Way, Citrus Heights, CA 95621
Medical facility with surgery center and clinic/office space for sale.
Property Size6,250 SF
Price / SF$224
Days on Market938
Property Features for 6337 Matheny Way
General Information
Standard status
Active
Size
6,250 SF
Class
B
Property subtype
Office
Zoning
Business Professional
Lease Type
NNN
Investment Type
Stabilized
Building Details
Year Built
1986
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Lisa Stanley · License #CA 01340056
(916) 769-3141
Source:
Crexi
Added: Mar 21, 2024
Changed: Oct 7
Last Checked: Oct 12 at 7:43PM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
This property offers an owner/user opportunity with a tenant expressing interest in negotiating a lease buyout, potentially during escrow. The building is currently vacant. It features a ±2,152 SF surgery center and ±3,125 SF of clinic/office space. The surgery center is a fully functional, 2-room, state-of-the-art, Medicare-approved Ambulatory Surgical Center (ASC). Additionally, ±1,000 SF of clinic/office space is located within the 2-hour firewall of the ASC and could be incorporated as part of the ASC. The property is located at 6337 Matheny Way, Citrus Heights, CA 95621 and has a total size of 6,250 SF.
Key Highlights
- Fully functional, 2‑room, state‑of‑the‑art, Medicare‑approved Ambulatory Surgical Center (ASC)
- ±2,152 SF Surgery Center and ±3,125 SF Clinic/Office space
- ±1,000 SF of clinic/office space within the 2‑hour firewall of the ASC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,617
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,340
$1.3M
Cap Rate 7%
$908,814
$908.8K
Cap Rate 9%
$706,856
$706.9K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$114.8K $18.36/SF
− Vacancy
−$8.7K −$1.40/SF
EGI
$106.0K $16.96/SF
− OpEx
−$42.4K −$6.79/SF
NOI
$63.6K $10.18/SF
Area
Sacramento County, CA
Vacancy
7.60%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,340
Cap Rate 7%
$908,814
Cap Rate 9%
$706,856
Alternative Uses
Best Use
Healthcare Medical
$908.8K
$795.2K – $1.06M
NOI $63,617 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,552 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 95621, CA
42,941
Population
17,284
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
6,409
Density / Sq Mi
$77,377
Median Household Income
$43,789
Median Earnings
$1,776
Median Rent
$401,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Medical center - Medical facility with surgery center and clinic/office space for sale.
Where is this medical center located?
The property is located at 6337 Matheny Way Citrus Heights, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully functional, 2‑room, state‑of‑the‑art, Medicare‑approved Ambulatory Surgical Center (ASC); ±2,152 SF Surgery Center and ±3,125 SF Clinic/Office space; ±1,000 SF of clinic/office space within the 2‑hour firewall of the ASC
