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3140 Long Beach Blvd
Long Beach, CA 90807 Bixby Knolls

$3,380,000 USD

Medical For Sale  •  7,353 SF

Property Details

• Property Type Medical
• Total Building Size 7,265 SF
• Lot Size 0.54 AC
• Building Class B
• Year Built 2011
• Tenancy Single
• Zoning LBPD29

50 Transit Score

70 Walk Score

Highlights

Strong Tenant & Operating History- Long-term lease with Sparks Dialysis, LLC, a joint venture entity with DaVita and a medical group.

Below Market Lease Rate- The subject property currently has a below market lease rate when compared to the immediate surrounding marketplace.

Largest US Dialysis Operator- With more than 2,650+ US locations and over 200,000 patients, Davita is the largest US operator for dialysis services.

Low Cost per Foot, $465/SF- The subject property offers a lower cost per foot when compared to the surrounding marketplace.

Attractive Capitalization Rate- 6.76% with steady annual increases.

Contemporary Modern Medical Building location within ¼ mile of Memorial Care Long Beach Medical Center- a 453-bed acute care medical center.

Public Transportation

Transit/Subway	Drive	Walk	Distance
Willow Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	12 min	0.6 mi
Wardlow Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	5 min	-	2.2 mi
Los Angeles International	26 min	-	18.7 mi
John Wayne/Orange County	28 min	-	22.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	34
Type:	Surface
Included in Rent:	Yes