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3565 Del Amo BlvdTorrance, CA 90503
3565 Del Amo
Asset ClassHealthcare Facility, Office
Year Built: 1987Year Renovated: 2018Parking Spaces: 312 SpacesAccess Data Room
Rare Value-Add MOB / Adaptive Re-Use | Investment Offering | 55,218 SF Medical Office | 100% Leased to Credit Tenant
overview of deal

Overview

Corion Properties, Inc., as the exclusive advisor and representative of the seller, is pleased to present a unique opportunity for discerning investors to acquire 3565 Del Amo (the “Property), a three-story, 55,218 rentable square foot medical office building in Torrance, California. The property is 100% leased on a NNNN basis to Optum Health Care, a credit tenant since 2018. This offering presents a rare opportunity to acquire an attractive asset with abundant parking and high floor height in the vibrant, pro-business community of Torrance, CA to upgrade its existing purpose as high quality medical office building or convert into science / aerospace / technology office.

The three-story concrete and steel building was purpose-built for Health Care Partners in 1987 (renovated 2018) and is available for sale for the first time since its delivery. Strategically located in the heart of Torrance, just blocks from Del Amo Fashion Center and a wide array of dining, retail, and entertainment amenities, the property offers an ideal live-work-play environment for tenants, employees, and customers alike.

The Torrance submarket region of Los Angeles is renowned for its exceptional demographics and robust business environment. This area offers top-tier educational institutions, abundant open spaces, and prestigious master-planned communities, providing an outstanding quality of life for its residents.

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Investment Highlights

High Quality Medical Office / Adaptive Reuse

  • 100% leased to Optum Health Care through March 2028.
  • Current occupancy less than +/- 20,000sqft
  • In-place rent is approximately 20% below market.
  • Largest independent MOB in the Torrance / Southbay submarket.

Excellent Location

  • Located in the prestigious and exclusive suburban community of Torrance, CA.
  • Numerous affordable and executive housing options in immediate area.
  • Close proximity to abundant amenities including retail, hotels and banking.

 

Strong Area Demographics

  • 5-mile trade area is supported by a population of over 575,370 with an average household income of over $125,811.
  • Thrives with a strong workforce of almost 300,000 employees.

 

Accretive Assumable Loan

  • Balance: $11.2 million
  • 4.43% interest rate
  • Interest-Only Payments
  • Maturity date May 6, 2027

Property Details

3565 Del Amo
Property Address
3565 Del Amo Blvd, Torrance, CA 90503
Stories
3
Construction
Concrete and Steel | 13’-14’ Slab Height
Parking Ratio
5.64/1,000 SF
Zoning
M2
APN
7352-019-035
Lot Area
119,864 SF (2.75 Acres)
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3565 Del Amo BlvdTorrance, CA 90503
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