Trophy Dental Office Building
$2,450,000
945 Orchard Creek Lane, Lincoln, CA 95648
6.17
Cap Rate
10,485 sqft
Building Size
Details:
Highlights:
- 100% Leased Dental/Office Building in Highly Desirable Location
- High Yield Passive Income Opportunity - 6.17% Cap Rate (current)
- Trophy Location - Out-Parcel to Lincoln Hills Golf Course and Orchard Creek Lodge
- Quality 2000’s Construction
Description:
The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 945 Orchard Creek Lane (“The Property”), a true trophy quality medical/dental building located in the desirable City of Lincoln, California. The property is situated on a hard corner at the entrance of Lincoln Hills Golf Course, located within the Sun City Lincoln Hills development, an award winning 55 and older active adult living community with 6,703 single family homes, golf course, and resort amenities.
The property is comprised of a 10,485 square foot freestanding single-story medical office building that is fully leased to four (4) separate tenants. The weighted average lease term (WALT) for the project is 5.6 years providing stable passive cash-flow. The building was developed in 2000 and features quality construction with a pitched metal standing seam roof requiring very little maintenance.
945 Orchard Creek Lane represents a truly rare opportunity to own a well-maintained, passive leased investment, in an irreplaceable trophy location in one of the region’s fastest growing submarkets.
Documents:
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945_Orchard_Creek_Ln_-_Offering_Memorandum__e_.pdf
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Location
Gallery
