Nashville Investor Acquires Newly Renovated Medical Office In Carson For $18.36M With Regions Bank Financing

A Nashville-based investor acquired a newly renovated 17,927-square-foot WelbeHealth facility located at 20920 Chico Street in Carson, California, for $18.36 million. The property, set on 1.37 acres, represents a notable transaction in the medical office market.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $18,360,000
• Square Footage: 17,927
• Address: 20920 Chico Street
• Market: Carson
• Price per Square Foot: $1,024
• Broker Representatives: Putnam Daily & Lindsey Snide - Preserve West Capital
• Lender: Regions Bank
• Acquisition Financing: $10.3 million
• Lease: 20-year corporate-backed lease with WelbeHealth

Fisher James Capital’s Putnam Daily and Lindsey Snide represented the Alabama-based seller in this transaction. Regions Bank facilitated the financing for the acquisition, which underscores the strategic move into the medical office sector.