NAI Capital Brokers $5.5M Sale of Medical Office Building in Southern California
LOS ALAMITOS, CALIF. — NAI Capital has arranged the sale a medical office building, located at 10921 Cherry St. in Los Alamitos. Nautica LLC sold the property to ABG Property 1 LLC for $5.5 million, or $759 per square foot.
The three-story property features 7,250 square feet of medical office space. At the time of sale, Los Alamitos Medical Surgery Center and Ocean Pacific Surgery Center fully occupied the building.
Steve Body and Grant Bullen of NAI Capital’s Investment Services Group represented the seller in the deal.