2 & 18 Bon Air Rd, Larkspur, CA, 94939

2 & 18 Bon Air Rd

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained to present qualified investors the opportunity to acquire the fee simple interest in Bon Air Medical Center, a 27,297 SF multi-specialty medical office project (“Bon Air Medical Center”, “2 & 18 Bon Air” or the “Property”) well-positioned in one of the Bay Area’s most coveted healthcare markets. The Property is 100% leased to MarinHealth (Marin Healthcare District - Moody’s: AA2) through 12/31/2031 and houses a wide range of services including cardiovascular medicine, orthopedics, imaging, and spinal care.

Bon Air Medical Center is strategically located in highly desirable Marin County, offering convenient access to world-class healthcare while nestled among some of the Bay Area’s most upscale residential communities. The Property offers excellent visibility and access with easy connectivity to Highway 101 and Marin’s renowned lifestyle amenities. The Property boasts “on campus” proximity to the MarinHealth Medical Center campus, formerly Marin General Hospital, which recently underwent a $550M expansion and renovation in 2020.

Bon Air Medical Center offers investors a desirable long-term cash flow stream from a market-leading health system in California.

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Caractéristiques de l'actif

Occupation

100 %

Surface de l'actif Net

2 536 m²

Taille du terrain Brut

1,46 hectare

Places de parking

170

Nombre d'immeubles

Média

Points clés d'investissement

100% Leased to MarinHealth (Marin Heathcare District - Moody's Aa2) through 12/31/2031 with 3.25% Annual Escalations
State-of-the-Art Medical Outpatient Building with Significant Tenant Investment
"On Campus" Proximity to MarinHealth Medical Center, formerly Marin General Hospital, the County's Largest Hospital
Prime Waterfront Location with Excellent Visibility and Access and an Above Market Parking Ratio
High Barrier to Entry, Amenity-Rich Location with Strong Demographics, Surrounding Residential Development, and Convenient Transit Access via the Larkspur Ferry Terminal and Highway 101
Sticky Tenancy with Highly Specialized Build-Outs and Proven Commitment to the Asset via Recent Expansion & Early Lease Renewal