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3565 Del Amo BlvdTorrance, CA 90503
3565 Del Amo Blvd
Asset ClassHealthcare Facility, Office
Year Built: 1987Year Renovated: 2018Parking Spaces: 312 SpacesAccess Data Room
First Time On Market | Investment Offering | 55,218 SF Medical Office | 100% Leased to Credit Tenant
overview of deal

Overview

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 a few blocks from the Del Amo regional mall, the building serves as the mission critical outpatient center in the South Bay submarket of Los Angeles for Optum Health Care. The property includes a range of healthcare specialty providers including, family practice, internal medicine, pediatrics, endocrinology, rheumatology, dermatology, pulmonary, cardiology, and radiology.

 

The Torrance submarket region of Los Angeles is renowned for it's 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. Its central location also offers easy access to a wide array of dining, retail, and entertainment options, creating an ideal live-work-play environment for tenants and customers alike.

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Investment Highlights

High Quality Medical Office Building

  • 100% leased to Optum Health Care through March 2028.
  • 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 292,227 employees.

 

Accretive Assumable Loan

  • Favorable Loan Terms: 4.43% interest rate, enhancing cash flow and investment returns.
  • Interest-Only Payments: Current loan structure allows for lower monthly outlays, maximizing immediate cash flow.
  • Loan Balance: $11.2 million, providing substantial leverage for potential investors.
  • Remaining Loan Term: 2.5 years until maturity, with a maturity date of May 6, 2027, offering near-term financial stability and flexibility.

Property Details

3565 Del Amo Blvd
Property Adress
3565 Del Amo Blvd, Torrance, CA 90503
Stories
3
Occupancy
100%
Construction
Concrete and Steel
Parking Ratio
5.64/1,000 SF
Zoning
M2
APN
7352-019-035
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3565 Del Amo BlvdTorrance, CA 90503

Sales Team

Fred CordovaFounder & CEO of Corion Enterprises

License #: 01279582

8186797879fcordova@corionenterprises.com
Al GrazioliPresident of Corion Properties

License #: 00785668

6266887718agrazioli@corionenterprises.com
JoAnn HoreniAssociate Vice President, Director, Client Relations

License #: 02103575

3122090203jhoreni@corionenterprises.com
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Listing provided by Revere CRE