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Medical Office Condo Portfolio for Sale 2 Office/Medical Condos Offered at $1,081,338 CAD in Delano, CA
Investment Highlights
- Two medical office condo units totaling ±3,578 SF within the Delano Medical Arts Building.
- Immediate access to State Route 155 and convenient connectivity to Highway 99.
- Opportunity to separate and sell units individually or maintain as a portfolio.
- Located in a strong healthcare cluster anchored by Adventist Health.
- Potential for lease restructuring and long-term rent growth.
- Surrounded by established providers supporting a strong patient referral base.
Executive Summary
Colliers is pleased to present an opportunity to acquire a two-unit medical office condo portfolio located within a well-established healthcare corridor in Delano, California. This portfolio consists of approximately 3,578 square feet across two suites in the Delano Medical Arts Building, offering investors the benefit of stable in-place income and strong fundamentals within a needs-based medical asset class.
The location provides proximity to Adventist Health and numerous medical providers, ensuring steady patient traffic and a reliable referral ecosystem. Investors will appreciate the defensive nature of medical office assets, coupled with potential value-add opportunities through lease restructuring and long-term rent growth. The two units can be held as a portfolio for enhanced control or separately repositioned for future flexibility.
With excellent visibility along Garces Highway (State Route 155) and convenient access from Highway 99, this property offers an attractive yield at a reported 5.65% cap rate based on in-place income. This is a rare chance to secure a healthcare investment in a growing Central California market.
The location provides proximity to Adventist Health and numerous medical providers, ensuring steady patient traffic and a reliable referral ecosystem. Investors will appreciate the defensive nature of medical office assets, coupled with potential value-add opportunities through lease restructuring and long-term rent growth. The two units can be held as a portfolio for enhanced control or separately repositioned for future flexibility.
With excellent visibility along Garces Highway (State Route 155) and convenient access from Highway 99, this property offers an attractive yield at a reported 5.65% cap rate based on in-place income. This is a rare chance to secure a healthcare investment in a growing Central California market.
Property Facts
| Price | $1,081,338 CAD | Status | Active |
| Price / SF | $297.07 CAD / SF | Number of Properties | 2 |
| Cap Rate | 5.65% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,640 SF |
| Price | $1,081,338 CAD |
| Price / SF | $297.07 CAD / SF |
| Cap Rate | 5.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,640 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Delano Regional Medical Center
1205 Garces Hwy, 3rd Floor - Unit 306, Delano, CA 93215 |
Office/Medical Condo | 2,560 SF | 1984 | - |
|
Delano Regional Medical Center
1205 Garces Hwy, 3rd Floor - Unit 301, Delano, CA 93215 |
Office/Medical Condo | 1,080 SF | 1984 | - |
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Medical Office Condo Portfolio for Sale
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