SOLD
CBRE Sells 27,535-SF Medical Office Building In San Clemente For $12M
1300 Avenida Vista Hermosa
Medical Office
27,535 SF
27,535 SF
Sold 205 days ago
Summary
Sale
CALIFORNIA
Medical Office
27,535 sqft
A medical office building located at 1300 Avenida Vista Hermosa in San Clemente has been sold for approximately $12 million. The property spans across 1.66 acres and offers a total of 27,535 square feet of space. The Class A building is currently 92% occupied and features medical tenants such as Children's Hospital of Orange County and Camino Health Center.
Summary of Transaction Details:
- Property Type: Medical Office
- Sale Price: $12,000,000
- Square Footage: 27,535
- Price per Square Foot: $436
- Address: 1300 Avenida Vista Hermosa
- Market: San Clemente
This transaction was facilitated by CBRE, with brokers Gary Stache, Anthony DeLorenzo, Sammy Cemo, Bryan Johnson, and Nick Williams representing the deal. The buyer, a high-net-worth individual, acquired the property at a 6.93% cap rate. The sale was successfully completed, thanks to the combined efforts of the brokers involved.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Gary Stache, Sammy Cemo, Bryan Johnson, Anthony DeLorenzo & Nick Williams
DATE: 10/06/2023
ADDRESS: 1300 Avenida Vista Hermosa
MARKET: San Clemente
ASSET TYPE: Medical Office ~ ACRES: 1.66
BROKERS: Gary Stache, Anthony DeLorenzo (@AnthonyDelorenzo), Sammy Cemo, Bryan Johnson (@CallMeBryanJ) & Nick Williams - CBRE (@CBRE)
SALE PRICE: $12,000,000
SF: 27,535 ~ PPSF: $436
NOTE: CBRE sold a 27,535-square-foot medical office building in San Clemente for about $12 million at a 6.93% cap rate, with a high-net-worth individual buyer. The Class A building, 92% occupied, features medical tenants including Children’s Hospital of Orange County and Camino Health Center.View on map
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Address1300 Avenida Vista Hermosa
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