Property summary
This exceptional Class A medical office building, located at 81715 Dr. Carreon Blvd, Indio, CA 92201, presents a rare investment opportunity. The single-story, 8,235 square foot building boasts 100% occupancy across four suites, all under long-term leases. Constructed in 1992, this property benefits from a prime location in close proximity to John F. Kennedy Memorial Hospital, ensuring consistent demand and strong tenant retention. The building features a high-quality buildout, ideal for medical practices. With a Net Operating Income exceeding $110,000 and an asking price of $3,100,000, this represents a compelling 5.00% cap rate. The property is situated on a single building on a 1-story structure, with an APN of 616-160-024. The lease type is NNN, and the property is offered as a multi-tenant investment. This is a turnkey investment perfect for adding to a portfolio and generating consistent income for years to come. The price per square foot is $376.44. The property is in Riverside County, zip code 92201.
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