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Fresenius & Alameda Pediatric Dentistry | 4510 O'Hara Blvd
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Fresenius & Alameda Pediatric Dentistry 4510 O'Hara Blvd
10,003 SF 100% Leased Office Building Brentwood, CA 94513 $8,201,655 CAD ($820 CAD/SF) 6% Cap Rate
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INVESTMENT HIGHLIGHTS
- Passive two-tenant net leased investment with minimal landlord responsibilities.
- 3% annual increases in APD’s lease.
- Convenient access to Highway 4, John Muir Medical Center, and nearby retail amenities.
- Strong credit tenants, including a corporate guaranty from Fresenius Medical Care Holdings Inc. and multiple personal guarantees on APD’s lease.
- Offered by original developer, meticulously maintained with beautiful landscaping.
- Healthcare properties tend to perform well in challenging economic times, as tenants provide essential medical services.
EXECUTIVE SUMMARY
Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire a high-quality, two tenant net leased medical investment located at 4510 Ohara Avenue (the “Property”) in Brentwood, California. The Property is 100% leased to two established tenants: Fresenius Medical Care (lease expiring 1/30/2030) and Alameda Pediatric Dentistry “APD” (lease expiring 1/31/2035). Situated within the thriving TownCentre Brentwood, a three-building medical complex, this Property presents an excellent passive investment opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,003 SF
Building Class
C
Year Built
2002
Price
$8,201,655 CAD
Price Per SF
$820 CAD
Cap Rate
6%
NOI
$492,023 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,003 SF
Building FAR
0.33
Lot Size
0.69 AC
Zoning
PD-10 - Public Development
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Natural Light
1 of 1
Walk Score®
Very Walkable (78)
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
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Fresenius & Alameda Pediatric Dentistry | 4510 O'Hara Blvd
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