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Published on: Wednesday, March 18, 2026

Updated on: Wednesday, March 18, 2026

About the Lister

Name: Ryan Bennett

Company: NNN Investment Group

Office Phone: 760-448-2449

Cell Phone: 760-519-0240

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Lakeside Community Healthcare

1500 West Covina Parkway West Covina California , 91790

NNN Investment Group
Listing ID: CL-California-27481 Other/Health and Fitness

Purchase Option

Asking Price: $15,025,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): 6.5

Net Operating Income: $976,600.00

Quick Glance

Listing ID: CL-California-27481

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: N/A

Year Build: 1963

Building Size: 25,836.00 SqFt

Lot Size: 1.53 Acre

No of Stories: 2

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: No

Is Net Lease Investment: Yes

Property On Ground Lease: No

Building Status: Existing

Listing Summary

Lakeside Community Healthcare | Passive True NNN Lease

Complete Details

Year Build: 1963

Building Size: 25,836 SqFt.

No of Stories: 2

Total Lot Area: 1.53 Acre

No of Parking: N/A

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: Yes

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

Lakeside Community Healthcare | West Covina, CA – True NNN Medical Office

A stabilized, recession-resistant investment opportunity in the heart of the Los Angeles MSA.

Tenant: West Covina Medical Clinic (dba Lakeside Community Healthcare).
Guarantor: Lakeside Medical Organization (Affiliate of Heritage Provider Network).
Building: 25,836 SF, Two-Story Medical Office on 1.53 Acres.
Lease Type: True NNN (Passive Income).
Recent Upgrades: New Roof and Elevators (2025).
Parking: Superior 5:1,000 SF Ratio.
Location Power: High-traffic I-10 frontage; near 325-bed Queen of the Valley Hospital.
Market Info: Dense infill location with nearly 500k residents in a 5-mile radius.

Property Specification Summary:

| Feature | Detail | | :--- | :--- |

| Asset Class | Single-Tenant Medical Office (STNL) |

| Square Footage | 25,836 SF |

| Lot Size | 1.53 Acres |

| Year Built / Reno | 1963 / 2006 / 2010 / 2025 (Roof/Elevators) |

| Daily Traffic (I-10) | 193,000+ VPD |

Additional Properties

Property Highlights

Leased to West Covina Medical Group | Strong corporate lease guaranty from Lakeside Medical Organization | Part of the Heritage Provider Network (HPN)
20-year successful operating history | Clear tenant commitment to site and patient demand | Early lease renewal | New Roof and elevator system | Sticky tenant
Rare standalone single-tenant medical building on true NNN lease | No landlord responsibilities | Extreme ease of ownership | Well below replacement cost
Infill East Los Angeles, California location (482,000 people) | Proximity to Emante Queen of the valley Hospital (325-bed acute care facility) | Freeway driven access and massive regional draw radius

Features

Lease Type: Triple-Net (NNN)
Year Built: 1963/Renov. 2006, 2010 & 2025
Remaining Term: 5+ Years
Price Per Foot: $581

Additional Links

Contacts

Associate License ID# 02049653: Drew Olson - dolson@lee-associates.com, Phone: (760) 448-1372 ,

Listing Location

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