San Juan Medical Center
Creating authentic and character for most luxury residential project
The San Juan Medical Center is a premier address for healthcare practices in the Orange County area. The Property is strategically located on Rancho Viejo Road at the intersection of Golf Club Drive in San Juan Capistrano adjacent to a multi service retail center. The Property’s location provides convenient access and excellent visibility from both North and Southbound directions of I-5. Orange County includes an expanding healthcare market and a very affluent patient base.
The San Juan Medical Center is a best-in-class medical office building that was recently constructed in 2015 and was designed with the new demands of the Affordable Care Act. The multi-tenant medical office building comprises approximately 40,268 rentable square feet with an underwritten Year-1 NOI of approximately $1,315,281. The Building is 100% leased to four diversified and synergetic healthcare tenants including MemorialCare Health System and Fresenius Dialysis. The Building has a weighted average remaining lease term of 14 years and the tenants have NNN lease structures with fixed annual rent increases.
San Juan Capistrano, CA
2015
40,268 RSF
When we build, let us think that we build for the future of healthcare
MemorialCare Health System (Fitch ‘AA-‘) leases the entire 2nd floor representing 57.6% of the Building’s occupancy. The tenant is a leading and expanding healthcare provider featuring a network of six (6) hospitals located throughout Orange County and Los Angeles County. The nonprofit health system is regionally recognized for its quality of healthcare services and includes over 200 primary care physicians and 1,350 specialists.