Lassen Medical Clinic
$9,620,000
2450 Sister Mary Columba Red Bluff, CA 96080
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About this listing
Beautiful 35,000+ sqft hospital outpatient clinic, located within the Saint Elizabeth Community Hospital campus in Red Bluff. Built in 2004 and extensively remodeled over the last 11 years, the building continues to be well maintained and kept up to date. The 2.21 acre parcel boasts I-5 frontage and includes a private parking lot with 98 spaces. Dignity Health operates the Lassen Medical Clinic along with the neighboring hospital and the clinic is licensed as a California 1206d, Provider-Based clinic. It is also a Federally Qualified Rural Health Center. As one of the largest clinics north of Sacramento in terms of patient volume (approx 70,000 active patients), it has served the community for 60+ years. The unique location, services offered and continued improvements to the building make it very difficult to replace. Adjacent 5.9 acres with freeway frontage also available.
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Cap Rate
7.43%
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NOI
$714,426
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Building Size
35,085 sqft
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Lot Area
2.21 acres
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Year Built
2004
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MLS ID
24-4258
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Floors
2
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Parking Spots
98
DESCRIPTION
- • Average Occupancy Rate: 100.0
- • Gross Income: $ 900345.0
- • Max Contiguous Area: 35085.0
- • Age: 11-20 Years Old
- • Lot Size: 2-5 Acres
- • Sewer: City
- • Water: City Water
