Multi-Tenant Dental Office For Sale
$4,350,000
7916 Pebble Beach Drive, Citrus Heights, CA 95610
7.17
Cap Rate
311,744
NOI
Details:
Highlights:
- Purpose-Built Dental Office Investment w/ Significant Existing Infrastructure
- 79% Leased to Seven (7) Established Dental Tenants
- Exceptionally Well Parked (6.0/1,000)
- Specialized Dental Improvements Create Significant Relocation Costs
Description:
The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to offer for sale 7916 Pebble Beach Drive, a ±19,140-gross square-foot multi-tenant dental office investment located in Citrus Heights, California. Situated on ±1.54 acres just off Sunrise Boulevard (one of the Sacramento region's primary commercial corridors), the property provides investors with stable in-place income and meaningful upside through the lease-up of existing vacancies.
The property is currently 79% occupied by seven established dental and healthcare- related tenants and is offered at $4,350,000. The tenant roster is anchored by long- standing practices that have invested significant capital into specialized dental and medical improvements, creating substantial relocation costs that support long-term tenancy. Several practices have remained at the property through ownership transitions, with successor doctors electing to continue operations at the site, further demonstrating the property's viability as an established healthcare destination.
The property is also positioned to benefit from the nearby Sunrise Tomorrow redevelopment initiative, including the proposed Sunrise Sports Center and broader mixed-use redevelopment of the former Sunrise Mall site. Local officials have described the project as a transformational opportunity for the community, and the redevelopment has the potential to further strengthen one of Citrus Heights' most active commercial corridors over the long term.
Investors have the opportunity to increase cash flow through the lease-up of approximately 3,848 square feet of vacancy across three suites. The available space includes former dental suites with existing plumbing, treatment room infrastructure, and other specialized improvements that may reduce future tenant improvement costs. Additionally, multiple suites can be demised to accommodate smaller users, providing flexibility to capture a wider range of prospective tenants.
Documents:
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Offering Memorandum
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Location
Gallery