2140 Grand Ave, Chino Hills, CA 91709
- Medical Office Space
- 40,041 SF
- 2.04 lot acres
Current Use by Public Records
- Chino Hills Professional Pharmacy / Pharmacy
- Dr. Melba Mayes, DDS / Dental Office
- Garibyan Shakeh DDS / Dental Office
- Dr. Christine Sie, DDS / Dental Office
- Pediatric Dentistry of Chino Hills / Dental Office
Property Details for 2140 Grand Ave
- Lot size
- 2.04 lot acres
- Property type
- Medical Office Space
- APN
- 1024-511-02-0000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 29, 2025 | $17,200,000 | Ag Cw Chino Hills Mob Owner LLC | Tele Ventura LP | Grant Deed | $150M · Capital One NA |
| Dec 6, 2016 | $16,057,000 | Tele Ventura LP | Chpp Mob LLC | Grant Deed | $9.3M · Genworth Life Insurance Company |
Description
This exceptional 40,041 square foot Class B medical office building in Chino Hills, CA, presents a compelling value-add investment opportunity. Situated on a 2.04-acre lot at the highly visible northeast corner of Grand Avenue and Chino Hills Parkway, the property boasts ±46,500 cars passing daily. The building, constructed in 2004, is a single, two-story structure with 5 parking spaces per 1,000 square feet and is currently 79.8% occupied by 12 tenants, including a major anchor tenant. This anchor tenant, Pomona Valley Hospital Medical Center (PVHMC), a 437-bed acute care hospital, occupies approximately 48% of the rentable space under a new 7-year NNN lease with 2.5% annual rent increases through December 31, 2029. PVHMC's strong financial history further enhances the property's stability. The property benefits from a strong location within a densely populated area, with approximately 275,000 people within a 5-mile radius, and a high concentration of residents aged 65 and older. Average household incomes within a one-mile radius are $154,000, and median home values are $942,000. The property's location provides convenient access to major freeways, including State Highway 71, Interstates 10 and 60, and Highway 91, serving Los Angeles, Orange, and San Bernardino counties. The weighted average lease term (WALT) is approximately 4.1 years, offering a stable cash flow with significant upside potential through lease-up of vacant space and market rent adjustments. The property is zoned PD. APN: 1024-511-02-0000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Chino Hills
- County
- San Bernardino
- State
- California
- Longitude
- -117.7589102
- Latitude
- 33.9969333
