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8218 Garfield Ave.B E L L G A R D E N S , C A 9 0 2 0 1O F F E R I N G M E M O R A N D U M
Owner-User or Investment Opportunity
Steve Body, MA, MSF, MSTAVice President818.852.9255 • [email protected] BRE License #01927373
New Ambulatory Surgical Center & Medical Office High Capacity Potential Available for Sale or Lease
Prepared By:
Steve Body, MA, MSF, MSTAVice [email protected] BRE Lic. #01927373
No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and may be trademarks of their respective companies. NAI Capital, Inc. CA BRE Lic. #01990696.
01 Property & Location
02 Financial Summary
03 Property Photos
Table of Contents
8218 Garfield Ave.Bell Gardens, CA
01 Property & Location
Proper ty Overview
4
Description of Opportunity
NAI Capital, Inc. is pleased to introduce 8218 Garfield Avenue, Bell Gardens, CA 90201.
The Property is a modern, newly built, approximately 6,630 SF, 2-story surgical center & medical office in superior condition. Property is a new construction that is approved for medical use by the City of Bell Gardens. The building has Certificate of Occupancy for Medical Office/Outpatient Surgical Services and it complies with earthquake safety requirements. The building is situated on a 9,907 SF (0.23 Acre) lot on a major street, 3 blocks North of the South Gate Shopping Center with many well-known national tenants. The Property has high-visibility and direct access to I-5, and the I-710 on-ramp about a minute south from the site. There is a total of 18 parking spaces with ampl street parking.
The property was built for the seller’s own use and it is in superior ‘never been used’ condition. The 1st floor is an Ambulatory Surgical Center with two (2) operating rooms, a three (3) bed recovery area and two (2) exam rooms. The 2nd floor has five (5) exam rooms, three (3) doctor’s or executive offices, X-Ray room, lab area, nurse’s station and break room. A total of four (4) ADA bathrooms with two (2) showers and an elevator. Modern lobby and patient waiting area.
Ideal Opportunity for Hospital Outpatient Centers, Healthcare Networks, Medical Group, IPAs, Urgent Care Center, Clinics, Micro Hospitals or individual doctors.
8218 Garfield Ave.Bell Gardens, CA
Proper ty Details8218 Garfield Ave.Bell Gardens, CA
P R O P E R T Y I N F O R M A T I O N
Asking Price $3,550,000
Year Built/Renovated 1990/2013
Building Size 6,630 SF
Lot Size 9,907 SF (0.23 Acre)
ParkingTotal of 18 - 15 Surface
Parking, 2 Garage, 1 Discharge
Zoning BGCM
APN # 6230-028-015
Asking Lease Rate $3.50/SF NNN
Pro Forma Cap Rate 7.85%
5
Cecilia St
Garfield Ave
Proper ty Highlights
6
Property Highlights
• 2-Story New Surgical Center and Medical Office Building in Superior Condition
• 2 Operating Rooms (3 Bed Recovery Areas)
• HIGH CAPACITY POTENTIAL Opportunity to add an additional 3 bed recovery area
• Total of Seven (7) Exam Rooms, Four (4) ADA Bathrooms, Four (4) Doctor’s Offices
• Convenient Floor Plan with Nurses Station, Admin Area, Lab, and Modern Lobby (Waiting Area)
• Wheel Chair Access, ADA Bathroom (with 2 Showers)
• Convenient Front Parking with Wrought Iron Gates
• Elevator
• Private Patio
• High-Quality Newly Constructed Building
• Security Key Access/ Motion Sensors / Camera
• Ideal for hospital, outpatient departments, surgical groups, urgent care, etc.
• Medical Gas & Vacuum System in Operating Rooms and Recovery area
• HVAC Ceiling Mounted HEPA Filter in Operating Rooms
• Backup Power Generator
• Certificate of Occupancy for Outpatient Surgical Services and Medical Office Use is Granted
8218 Garfield Ave.Bell Gardens, CA
Floor Plans
7
8218 Garfield Ave.Bell Gardens, CA
1 S T. F L O O R :
2 Restrooms (1 ADA w/shower)1 OfficeLobby/Waiting AreaReception Area2 Exam RoomsUtility RoomBio waste/Janitorial2 ORs
Recovery Area for 3 BedsElectrical RoomMed Gas AreaNurse StationSterilization Room3 Garage spaces1 Mechanical/Elevator Equip.
(located in level 1)15 Surface Parking (2 Handicap)
2 N D . F L O O R :
5 Exam Rooms1 X-Ray RmWaiting Area2 Restrooms (1 ADA w/ shower)Blood Drop RoomFile RoomOfficeLab
Laundry Room2 Executive OfficesBreak RoomStorage Room
3D Floor Plans
8
8218 Garfield Ave.Bell Gardens, CA
Location Overview
9
Location Highlights
• Limited Inventory of Ambulatory Surgical Centers
• Direct Access to I-5 and I-710 Freeway On-Ramp – 1 Minute South of Property
• Busy Street with Strong Traffic Count – About 22,000 Cars per Day
• Convenient Patient and Employee Access from Surrounding Areas
• Steps Away from Signalized Intersection with Dedicated Traffic Lights
• Dynamic Neighborhood: El Paseo South Gate Shopping and Entertainment Center is Just 2 Blocks South – Home Depot, Office Max, Sam’s Club, Edward’s Cinema, Wells Fargo, Union Bank, Planet Fitness, Hooters, Denny’s, Burger King, Taco Bell, Carl’s Junior etc
• Bicycle Hotel and Casino and Bell Gardens Golf Course are Just Minutes Away
• Minutes to Single & Multifamily Residential Neighborhoods with Dense Population
• Over 877,000 people in a 5 Mile Radius with About 320 Million in Total Health Care Spending per Year
• 13 Hospitals within 5 Miles:Beverly HospitalCoast Plaza HospitalLos Angeles Community HospitalMartin Luther King Jr. Community HospitalsKaiser Permanente Cudahy Medical OfficesMonterey Park Hospital AHMCEast Los Angeles Doctors HospitalPIH Health Hospital DowneySt. Francis Medical CenterPromise Hospital of East Los AngelesNorwalk Community HospitalCollege Hospital Community Hospital of Huntington Park
+
8218 Garfield Ave.Bell Gardens, CA
Gar
fiel
d A
ve
Cecilia St
13 Hospitals Within 5 Mile Radius
10
8218 Garfield Ave.Bell Gardens, CA
Beverly Hospital
Coast Plaza Hospital
Los Angeles Community Hospital
Martin Luther King Jr. Community Hospital
Kaiser PermanenteCudahy Medical Offices
Monterey Park Hospital AHMC
East Los Angeles Doctors Hospital
PIH Health Hospital Downey
St. Francis Medical Center
Promise Hospital of East Los Angeles
Norwalk Community Hospital
College Hospital
Community Hospital of Huntington Park
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Location Maps
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8218 Garfield Ave.Bell Gardens, CA
210
710
710
Florence Ave
Firestone Blvd
Garf
ield
Ave
Eastern
Ave
Jabo
neri
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Florence Ave
Old
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Area Retail Map
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8218 Garfield Ave.Bell Gardens, CA
Denim Exchange
®
SITE
Rio HondoGolf Club
Firestone Blvd
Southern Ave
Garfield Ave
Garfield A
ve
Florence Ave
710
710
02 Financial Summary
Financial Summary
14
8218 Garfield Ave.Bell Gardens, CA
Asking Price $3,550,000
Asking Lease Rate $3.50/SF NNN
Cap Rate 7.85% (Pro Forma)
03 Property Photos
Proper ty Photos
16
8218 Garfield Ave.Bell Gardens, CA
Proper ty Photos
17
8218 Garfield Ave.Bell Gardens, CA
About UsNAI Capital Company is one of Southern California’s leading full-service commercial real estate organizations, providing a complete
range of transaction, valuation, investment, property management and consulting services. NAI Capital is one of the largest members of
NAI Global, a premier real estate service network with 400 offices and 7,000 market leaders spanning the globe. By leveraging our local
expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, corporate occupants
and investors throughout Southern California. Since 1979, NAI Capital clients have built their businesses on the power of our expanding
network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.
Steve Body, MA, MSF, MSTAVice [email protected] BRE Lic. #01927373
NAI Capital 16001 Ventura Boulevard Encino, CA 91436 (818) 905-2400 Tel www.naicapital.com
NAI Capital Southern California Of fice LocationsLos Angeles County
Downtown LA 601 S. Figueroa St., Ste 3825 Los Angeles, CA 90017 213.632.7700
West Los Angeles 11835 Olympic Blvd., Ste. 700E Los Angeles, CA 90064 310.440.8500
Torrance 970 W. 190th St. Dr., Ste. 100 Torrance, CA 90502 310.532.9080
Pasadena 225 S. Lake Ave., Ste. 1170 Pasadena, CA 91101 626.564.4800
Valencia 27451 Tourney Rd., Ste. 200 Valencia, CA 91355 661.705.3550
Diamond Bar 21660 E. Copley Dr., Ste. 320 Diamond Bar, CA 91765 909.348.0600
Ventura County
Oxnard 300 Esplanade Dr., Ste. 1660 Oxnard, CA 93036 805.278.1400
Westlake Village 2555 Townsgate Rd., Ste. 320 Westlake Village, CA 91361 805.446.2400
Orange County
Irvine 1920 Main St., Ste. 100 Irvine, CA 92614 949.854.6600
Inland Empire
Ontario 800 N. Haven Dr., Ste. 400 Ontario, CA 91764 909.945.2339
Temecula 27720 Jefferson Ave., Ste. 330 Temecula, CA 92590 951.491.7590
Victorville 13911 Park Avenure, Ste. 206 Victorville, CA 92392 760.780.4200
Coachella Valley
Palm Desert 75-410 Gerald Ford Dr., Ste. 200 Palm Desert, CA 92211 760.346.1566
Headquarters 16001 Ventura Blvd., Ste. 200 Los Angeles, CA 91436 818.905.2400
Property Management 1201/2 South El Camino Real, Ste. 210 San Clemente, CA 92674 949.874.0415