Office•Medical•For Lease

Woodland Park Dental Plaza

6024 Fallbrook Avenue, Woodland Hills, California 91367

Lease Rate $2.95-$35.40 /SqFt MG
Zoning LACR
Class B
Year Built 1975
Gross Bldg 8,166 SqFt
Total Avail 3,551 SqFt
Avail 1,931 to 0 SqFt
Contig Space 1,931 SqFt
Land Area .36 Acres
Real Asset Management Partners, Inc. (RAMP) is proud to offer for purchase a membership interest in the Woodland Park Dental Plaza, Woodland Hills, CA. This four-unit dental office building was chosen by RAMP as a syndication offering based on the following: stable rental income supplemented by a Verizon Wireless rooftop cell tower, a desirable practice location by dental professionals, prime Woodland Hills location with high traffic count of 36,785 cars per day, visually attractive property with minimal maintenance needs, and significant upside in appreciation from the massive growth in the area. The property is 100% occupied with modified growth leases and built-in rent increases in place. The subject property is under contract to be acquired for $2,700,000, at a CAP rate of 5.56%. This offering is priced at $1,000/share with 50 shares minimum purchase. There is no maximum limit as to the number of shares available to each accredited investor. This acquisition is anticipated to be fully-funded through syndication and is expected to close by January 1, 2018. The property is projected for a 10-year holding period with no debt providing cash flow to investors approximately 4% per year. At the end of the holding period, the property will either be sold giving investors a 15% IRR or putting debt on the property to return the initial funds to the investors and enjoying the continued cash flow. To quote Mayor of Los Angeles Eric Garcetti: “Woodland Hills will be the next Century City”. This offering is an exciting opportunity to benefit from the multi-unit residential construction in the area, as well as the large-scale developments, like 2035 Warner Center Master Plan. SVN is proud to offer for lease this fully built out 1,620 rsf dental office in the Woodland Park Dental Plaza, Woodland Hills, CA. This desirable practice location for dental professionals is located in Woodland Hills on the ground floor with high traffic count of 36,785 cars per day. The property has excellent signage and parking is easily accessible just outside. Woodland Hills is an excellent location for a dental practice. To quote Mayor of Los Angeles Eric Garcetti: “Woodland Hills will be the next Century City”. Heavily Trafficked Intersection Approx. 64,000 cars per day
  • 100% occupied stabilized medical office
  • 4 dental offices plus cellular lease to Verizon
  • High-visibility building on Fallbrook which sees 36,785 cars per day
  • Ample parking with 27 spaces
  • Prime location blocks from Warner Center
  • Over $20 million spent annually on medical care services within a 1 mile radius
  • 4 office dental building that was built from the ground up to be a dental office

2 Spaces

Medical
1,620 SqFt
$35.40 MG
Medical
1,931 SqFt
$2.95 MG
201
2
1,931 SqFt
1,931 SqFt
This offices features 4 operatories, large lab room, sterilization, breakroom, doctor's office and enclosed reception
11/22/2019 8:50:04 PM 1/23/2020 11:05:42 PM
Christian Hayes
Senior Vice President
SVN | Rich Investment Real Estate Partners
SEND ME A MESSAGE

SEND A MESSAGE

0/100
Human? type 351 below...
dummy toaster to trick _toastr script loaded by scripts.js Show Default