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Available For Sale - Office

25,789 SF

AVAILABILITY DETAILS

Size
25,789 SF
Price/SF
N/A - Contact for Info
Listing ID
SA513911
Notes


Property Name: Citrus Hills Assisted Living

Property Address: 142 South Prospect Street,

Orange, CA 92869

Property Type: Assisted Living

APN: 094-582-25

Zoning: C-1

3 | Citrus Hills Assisted Living



Sister Offering Whittier Glen Assisted Living available for

purchase (Price TBD). Sold as a portfolio or individually





OFFERING SUMMARY

NOI: $726,874

Lease Type: Absolute NNN

Guarantor: Corporate Guaranty

Lease Expiration: 03/31/2040

Rentable SF: 25,789 SF

Lot Size: 1.09 AC

Year Built: 1969



INVESTMENT HIGHLIGHTS

‹ Absolute NNN lease structure – perfect for a

passive investor

‹ Annual CPI increases with 2.5% floor and 5.5%

ceiling protect an investor against inflation

‹ Long-term, corporate guaranteed lease gives an

investor protection against a recession

‹ Operator and guarantor are both publicly traded

on the NASDAQ – ENSG and PNTG
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Noah Phillips, Lee & associates