CBRE Arranges $16.2M Sale Of Creek Medical Buildings In Irvine With Seller's Representatives
37 Creek Road
$16,200,000
$373/SF
Building Size
43,374 SF
Asset Type
Medical Office
Closing
Oct 14, 2025
AI
The property involved in this transaction is a medical office complex consisting of three fully leased buildings, totaling 43,374 square feet. It is located at 37, 39 & 41 Creek Road in the market of Irvine, with a sale price of $16,200,000, which equates to approximately $373 per square foot.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $16,200,000
- Square Footage: 43,374
- Address: 37, 39 & 41 Creek Road
- Market: Irvine
- PPSF: $373
The transaction was facilitated by CBRE, with Anthony DeLorenzo, Sammy Cemo, Bryan Johnson, and Harry Su representing the undisclosed seller in the sale of the Creek Medical Buildings. CBRE played a pivotal role in arranging the transaction.
Players
Irvine Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93