Torrance Memorial Medical Center | Rolling Hills Estates, CA
Sands Investment Group is Pleased to Exclusively Offer For Sale the NNN Lease Medical Center Located at 602 Deep Valley Drive, Suite 300, Rolling Hills Estates, California.
- Over 18 Years Remaining on the Base Term With No Termination Rights, Providing For Long Term Security
- Triple Net (NNN) Lease Structure – Minimal Responsibility For Landlord (Tenant Reimburses For Roof, Structure and Management Fee)
- Rare 2.5% Annual Rental Increases Provide Strong Compounding Hedge Against Inflation
- Strong Operator and Tenant – Torrance Health Association, Inc. (Torrance Memorial Medical Center)
- THA Has Over 3,500 Employees Across All Locations and 19 Companies in the Corporate Family
- Affluent South Bay Coastal Community and Trade Area – Average Household Income of Over $159,100 Within a 1-Mile Radius
- Dense Population Base – Over 80,000 People Within a 3-Mile Radius
- Built-In Customer Base From Adjacent Peninsula Seniors and Merrill Gardens Luxury Senior Living Community, in Addition to a Dense Neighborhood Population
- Irreplaceable Location Adjacent to Restaurants and the Promenade Shopping Center on the Peninsula
- Nearby Tenants Include: Bristol Farms, CVS Pharmacy, Petco, Starbucks, Pottery Barn, Rubio’s, LOFT, Chipotle, T.J. Maxx, Old Navy, Regal Cinemas, Ulta and More
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