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1178 Live Oak Blvd, Yuba City, CA, 95991

Phynet

$955,075

Key Information

Cap Rate
7%
Tot. SF
2,700
Term Remaining
± 6.1 Years
Type
Healthcare
NOI
$66,855

Highlights

• Best-in-class Tenant – PhyNet Dermatology is one of the nation’s largest dermatology MSOs, supporting 100+ affiliated practices and 280+ physicians and providers across 18 states.
• Streamlined Expansion – PhyNet expands by acquiring existing practices that are already successful and established within the community. This business model allowed them to quickly become one of the largest dermatology MSOs in the country.
• Healthcare Real Estate – Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce.
• Strategic Location – Strategically positioned along Live Oak Boulevard near Highway 20 and just minutes from Highway 99, the property provides convenient access throughout Yuba City, Marysville, and the surrounding Yuba-Sutter region.
• Recession-Resistant Asset Class – The non-discretionary nature of medical care and its resilience during economic uncertainty has made healthcare real estate a strategic focus for both institutional and private investors nationwide.
• Passive Investment Opportunity – This property offers an excellent investment for 1031 exchange buyers seeking a high-yield asset with minimal landlord responsibilities.
• NNN Lease Structure – The property benefits from a triple-net lease structure, with the tenant responsible for reimbursing real estate taxes, insurance, and operating expenses, providing investors with predictable cash flow and limited landlord expense exposure.
• Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth and a great hedge against inflation.
• Attractive Price Point – Priced below $1 million, the property offers private investors and 1031 exchange buyers a passive healthcare investment at a lower acquisition price.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245