Property Details for 49869 Calhoun St

Year built

2022

Lot size

2.51 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a brand-new, 41,092 square foot Class A medical building situated on a generous 2.51-acre lot in Thermal, California. The property boasts a single-tenant net lease structure, ensuring a stable and predictable income stream. The current lease agreement spans 10 years, with a favorable 2% annual rent increase built into the contract, providing excellent long-term growth potential. The building itself features modern, first-class tenant improvements, reflecting a commitment to high-quality construction and functionality. Convenient elevator service is available for easy access throughout the building. Ample parking is provided for both tenants and visitors, addressing a key concern for medical facilities. This property is an ideal investment for those seeking a secure, high-return asset in a growing market. The building's modern design and prime location make it an attractive proposition for a variety of medical practices. The substantial size and high-quality construction ensure long-term value and stability. Further details, including floor plans and financial projections, are available in the downloadable brochure. Please respect the privacy of the tenants and refrain from disturbing their operations. This is a rare opportunity to acquire a premier medical building in a desirable location. The property is offered at $23,000,000.

Location Insight

City

Thermal

County

Riverside

State

California

Longitude

-116.208

Latitude

33.6566