49869 Calhoun St Coachella, CA 92236
- Medical offices
- 41,092 SF
- 4.65 lot acres
Current Use by Public Records
- Coachella Pharmacy / Pharmacy
- Coachella Valley Community Health Center / Medical Clinic
- Borrego Health, CV Community Health Center / Family Practice Physician
Property Details for 49869 Calhoun St
- Year built
- 2022
- Construction
- WOOD
- Lot size
- 4.65 lot acres
- Property size
- 41,092 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 612-280-029
- APU
- 612280029
Description
Exceptional investment opportunity: a 41,092 square foot, Class A medical office building in Coachella, CA. This 2-story, newly constructed (2022) building boasts a 100% occupancy rate with a strong, single-tenant net lease to DAP Health, commencing May 1, 2022. The lease features a 10-year term with attractive 2% annual rent increases, ensuring a stable and growing income stream. The property sits on a 2.51-acre lot and includes ample parking. The building offers first-class tenant improvements and is elevator-served. With a 6.01% cap rate and a price per square foot of $559.72, this presents a compelling return on investment. The property is zoned for commercial use and features a modern design, making it an ideal asset for long-term growth. The APN is 612-280-025. This is a rare opportunity to acquire a high-quality, net-leased medical office building in a rapidly growing market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coachella
- County
- Riverside
- State
- California
- Longitude
- -116.209
- Latitude
- 33.6869
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
