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Unit Size: 1,971 SF
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Condo Use: Medical
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Price: $565,000 USD
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Sale Type: Investment
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Price/SF: $286.66 USD
Description
This 1,971± SF medical office condominium features a highly functional clinical layout designed to support an established healthcare operation. The suite includes a large patient waiting room, dedicated reception area, multiple clinic/exam and treatment rooms, several with existing sinks and cabinetry, along with additional support rooms that can accommodate administrative, clinical, or storage functions. The floor plan also features an eat-in kitchen/break room, dedicated storage area, two restrooms, a spacious central hallway for efficient patient and staff circulation, and multiple points of access throughout the suite. The existing medical configuration provides a well-organized separation of patient reception, clinical, staff, and support areas, making this a valuable purpose-built medical asset with an extensive existing buildout. Currently occupied by RadNet, the condominium offers investors an established medical-office configuration with strong long-term functionality for healthcare use.
Sale Notes
Commercial Brokers Group is please to present this excellent opportunity to acquire an income-producing medical office condominium occupied by RadNet, a leading national provider of outpatient diagnostic imaging services. Located within the established Sierra Medical Plaza at 44725 10th Street West in Lancaster, this investment is being offered at an attractive 7.03% cap rate, providing an investor the opportunity to acquire a stabilized medical asset with an established healthcare tenant in place. The approximately 1,971 SF suite features an extensive medical buildout including a large waiting room, reception area, multiple clinic/exam and procedure rooms, kitchen/break area, storage, private and patient restrooms, and additional support spaces. The functional existing layout and specialized medical improvements enhance the long-term utility and releasability of the space. Ideally situated along Lancaster’s prominent 10th Street West medical and professional corridor, the property offers convenient access to Downtown Lancaster, The BLVD, nearby medical services, shopping and dining, as well as easy connectivity to the Antelope Valley Freeway (SR-14). An attractive opportunity for investors seeking stable medical-office real estate, an established national healthcare tenant, and a strong 7.03% going-in cap rate in the growing Antelope Valley market.