Huntington Beach, CA
2017
44,233 RSF
Beach Boulevard Medical Pavilion is a best-in-class newly constructed outpatient medical office building and 4 story parking structure located at a signalized hard corner intersection on famed Beach Boulevard and on the Huntington Beach Hospital (Prime Healthcare) campus.
Core characteristics include a nationally recognized and investment grade rated health system anchor tenant, high acuity services on long term leases (WALT: 14.3 Years), irreplaceable site on a prominent health system campus, and superior demographics in a coastal Southern California location.
Thoughtfully designed by Ware Malcomb, with Class A construction and extensive buildout of tenant spaces, the Property was recently completed in May of 2017.
Nearly 90% investment grade tenancy from MemorialCare (Fitch: AA-) and Fresenius (Fitch: BBB-) provide high-acuity services that include urgent care, multi modality radiology, dialysis and multi-specialty care along with a successful MemorialCare affiliated pediatric group, together occupy the entirety of the 44,233 rentable square feet.