100% Leased Medical Investment | New 15-Year Leases

3900 Geer Rd, Turlock, CA 95382

Accepting Offers

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Asking Price

$7,500,000

100% Leased Medical Investment | New 15-Year Leases

3900 Geer Rd, Turlock, CA 95382

Asset Type: Real Estate

Estate: Fee Simple

Year Renovated: 2026

Number of Units: 2

Property Type: Office

Year Built: 2006

Land Area: 1.53 Acres

Property Size: 21,480 SF

Investment Highlights

  • 100% Occupied Medical Investment
  • New 15-Year Lease Terms
  • $503,790 Year 1 Contractual Base Rent
  • 6.18% Year 1 Cap Rate
  • Contractual Income Growth
  • Tenant Expense Reimbursements
  • Significant Medical Buildout & Tenant Investment

100% Leased Medical Investment | New 15-Year Leases

3900 Geer Road presents a stabilized medical investment opportunity in Turlock, California. The 21,480-square-foot building is 100% occupied under two newly executed 15-year medical leases, generating $503,790 in Year 1 contractual base rent. The leases provide for tenant reimbursement of real estate taxes, insurance and certain operating expenses, while approximately 60% of the property’s initial base rental income benefits from 2.5% annual rent increases. The combination of long-term medical occupancy, contractual income growth and substantial existing medical improvements provides investors with durable cash flow and long-term income stability.

Sale FAQs

Investment Sales Broker

Luis Mejia

Luis Mejia

eXp Commercial

CA License: 02011269

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXX

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