Prime Medical Building for Sale with Established Lease

APN: 041-083-012

Investment Potential

There is immediate income generation due to an established lease with an orthopedic practice through August 30, 2024. This property has a solid foundation for expanding an existing medical practice or leasing to there healthcare professionals in the future.

Modern Infrastructure

This property has a well-maintained and up-to-date medical facility - purpose-built to meet the needs of medical practitioners, including X-ray room, exam rooms, waiting areas and administrative spaces.

Prime Location

This property is strategically located in Templeton that provides easy access for both patients and healthcare professionals, and has a large off-street parking lot and close proximity to Highway 101.

TOTAL LOT SPACE

+/- 21,777 sq ft

TOTAL BUILDING SPACE

+/- 4,250 sq ft

ZONED

Commercial Retail

YEAR BUILT

2008

OFFERING PRICE

$2,075,000

NNN

$500 per SQ FT

I'm interested
Existing Lease Details
  • Current Tenant: Orthopedic Practice
  • Lease Term: Through August 30th, 2024
  • Monthly Rent: $10,375 + NNN

Tenant Respect Notice: Please note that the existing tenant, the Orthopedic practice, is in place until August 30th, 2024. We kindly request all potential buyers and agents to respect the privacy and operations of the current tenant. To ensure a smooth transition and uphold the terms of the lease, we ask that you refrain from disturbing or discussing the sale of the building with the tenant. Any inquiries, viewings, or discussions related to the sale of the property should be directed to our listing agent.

  • 8 Exam Rooms
  • 4 Offices (2 with private bathrooms)
  • Breakroom / Lounge
  • Waiting Room
  • Reception AreaX
  • X-ray Room
  • 2 Storage Rooms
  • 1 Lab Room
  • 4 Restrooms
  • Large Open Loft Area (2nd Floor)

Corban Holland

Principal / Broker
DRE #01836854

Paul Shannon

Principal / Agent
DRE #01970198

ABOUT THE AREA

Templeton, CA

Templeton is located on the central coast of California about five miles south of Paso Robles, CA and five miles north of Atascadero, CA along US 101. With a population of approximately 7,674, the area offers a small quaint, home town feel. The median age here is 45, median household income is $66,169, and the median home price is $403,900.

Templeton is home to a number of businesses that serve local agriculture and ranching, with the economy comprised most significantly from medical care including the Twin Cities Hospital, Templeton Unified School District, agriculture consisting primarily of vineyards and wineries, and assorted businesses on Main Street.

Tin City is located 5 minutes north of Templeton in an unassuming industrial park is home to an unexpected experience and one of the area’s hippest wine-tasting destinations. Add in a brewery, cider, and distillery and it is clear that Tin City is a drinker’s paradise.

Early every Saturday morning, Templeton is waking up, farmers from around the county and beyond are gathering around the Community Park. Since 1983, Templeton has hosted the largest Farmer’s Market in the North County.

Set amid a tranquil wooded property, Templeton Tennis Club offers a stunning clubhouse, versatile fitness center, infrared sauna and state-of-the- art tennis and pickle ball courts. TTR is also set up for private events, weddings, and corporate parties.

Twin Cities Community Hospital employs over 500 people and offer emergency services and award-winning heart care to orthopedics, advanced stroke treatment and more. they are focused on providing people with expert compassionate care for all the families of Northern San Luis Obispo County.