North Perris Medical Center

Project Address:
126 Avocado Avenue, Perris, CA
Property Description:
Perris Medical Center is a ±24,782 square foot medical office building located on approximately 1.86 acres of land at 126 Avocado Avenue in North Perris within the County of Riverside. Built in 1990, this medical office building is a two-story property that is currently in escrow between the Seller, Pacific Media Properties, LLC and the Buyer, Pacific Pointe Partners, Inc. (“Pac Pointe”). The building consists of fourteen medical office suites available for lease totaling ±21,228 useable square feet with four suites currently vacant and multiple tenants holding month-to-month occupancy. The subject property is parked at a ratio of 5:1,000 for the designated medical office use.
Acquisition Date:
December 8, 2006
Project Lender:
Intervest Mortgage Investment Co.
Estimated Project Value:
TBD
Project Team:
Property Owner: Pointe Perris Medical, LLC
Developer: Pacific Pointe Partners, Inc.
Project Contractor: PhilCo Constuction
   
   

   
Copyright 2004, Pacific Pointe Partners, Inc., All Rights Reserved.