Office

San Juan Medical Center

Orange County, CA

Acquired April 2016

At a Glance

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San Juan Medical Center is a newly constructed, best-in-class medical office building situated in Orange County with immediate access to I-5 and excellent visibility to over 500,000 vehicles a day.

Investment Rationale

  • The property is fully leased and annual contractual rent increases in excess of 2.75%.

  • Orange County is a supply constrained market due to lack of available land and a challenging entitlement process.

  • Medical office tenants tend to offer stability given initial space investments and ongoing synergistic benefits with other tenants uncommon among traditional office users.

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Location

Sanjuan Map2