Porterville, CA

$ 6,674,608

6.75 CAP

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  • Adjacent to Sierra View Medical Center with 167 beds and 600 employees. The next nearest hospital is 25+ miles away.
  • Limited Walgreens competition with no other Walgreens for 20+ miles and serves over 30,000 households in the surrounding area.
  • Buyer has the opportunity to assume debt in place, the existing 5.65% loan is assumable for 1% fee and is due August 2026.
  • Medical corridor location with ±600,000 square feet of medical space in a 1-mile radius.
  • Absolute net lease with no landlord responsibilities whatsoever.