100% Medical Leased Investment Turlock, CA 95382
$7,500,000
3900 Geer Road presents a fully leased medical office investment opportunity in Turlock, California. The 21,480-square- foot building is 100% occupied under two newly executed 15- year medical leases, generating $503,790 in Year 1 contractual base rent.
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100% Occupied Medical Investment
New 15-Year Lease Terms
$503,790 Year 1 Contractual Base Rent
6.18% Year 1 Cap Rate
2.5% Annual Rent Increases on Approximately 60% of Base Rent
Tenant Reimbursement of Real Estate Taxes, and Insurance
Significant Medical Buildout & Tenant Investment
Established Regional Healthcare Provider with Multiple California Locations
Strong Tenant Revenue Growth – CHCA Revenue Increased Approximately 91% Year-Over-Year, from $22.0M in 2023 to $41.9M in 2024
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3900 Geer Road presents a fully leased medical office investment opportunity in Turlock, California. The 21,480-square- foot building is 100% occupied under two newly executed 15- year medical leases, generating $503,790 in Year 1 contractual base rent. The leases provide for tenant reimbursement of real estate taxes, and insurance, while approximately 60% of the property’ s initial base rental income bene fits from 2.5% annual rent increases. The combination of long- term medical occupancy, contractual income growth, and substantial existing medical improvements provides investors with durable cash flow and long-term income stability.
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Located in Turlock, the property benefits from a strategic Central Valley location within one of Stanislaus County’s principal employment and commercial centers. Turlock is positioned along Highway 99 and is home to approximately 73,100 residents, with more than 640,000 people within a 20-mile radius. The local economy is supported by healthcare and medical services, education, manufacturing, agriculture and logistics, while nearby California State University, Stanislaus provides an important regional employment and workforce anchor. Turlock’s established healthcare sector, regional accessibility and growing population base support the long-term fundamentals of the property’s medical use.
DRIVE BY ONLY. ALL PROPERTY SHOWINGS ARE SUBJECT TO SELLER ACCEPTED OFFER ONLY WITH PROOF OF FUNDS. PLEASE CONSULT LA FOR MORE DETAILS. PLEASE DO NOT DISTURB TENANTS.

