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Ahmed Medical Center 28975 Front St

14,500 SF 100% Leased Office Building Temecula, CA 92590 $7,009,353 CAD ($483 CAD/SF) 5.41% Cap Rate

Investment Highlights

  • Great current tenant base
  • Owner User has ability to come in and take space

Executive Summary

Located in the heart of historic Old Town Temecula, this multi-use building offers a unique opportunity for investors and medical professionals alike. With its prime location and diverse potential, it's a standout property in one of California's most charming and vibrant communities. This building boasts a flexible layout, perfect for a variety of businesses. Whether you're envisioning medical office, retail space, offices, or a combination of uses, the layout can easily be tailored to suit your needs. Become a part of Old Town Temecula's thriving community. Join local merchants, artisans, and entrepreneurs who contribute to the area's vibrant culture and sense of camaraderie.
All units are occupied but, most tenants are month to month.
Rent roll attached.

Financial Summary (Actual - 2022)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $532,604 $36.73
Other Income - -
Vacancy Loss - -
Effective Gross Income $532,604 $36.73
Taxes - -
Operating Expenses - -
Total Expenses $159,908 $11.03
Net Operating Income $372,696 $25.70

Financial Summary (Actual - 2022)

Gross Rental Income (CAD)
Annual $532,604
Annual Per SF $36.73
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $532,604
Annual Per SF $36.73
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $159,908
Annual Per SF $11.03
Net Operating Income (CAD)
Annual $372,696
Annual Per SF $25.70

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,500 SF
Building Class
B
Year Built
2005
Price
$7,009,353 CAD
Price Per SF
$483 CAD
Cap Rate
5.41%
NOI
$379,264 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,250 SF
Slab To Slab
12’
Building FAR
0.29
Land Acres
1.13 AC
Parking
50 Spaces (3.45 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Signage
  • Listing ID: 31658200

  • Date on Market: 2024-04-30

  • Last Updated:

  • Address: 28975 Front St, Temecula, CA 92590

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