Medical Office Building, Pasadena

Acquisition of a three-story, 27,500-square-foot medical office building near Huntington Hospital in Pasadena, leased to eleven healthcare tenants including imaging, physical therapy and specialist practices.

Highlights

• Price per share: $500
• Total raise: $3,000,000
• Target distribution range: 6–8% per year, paid quarterly
• One-time payment
• Capital returned at exit (subject to performance)

The opportunity

Medical office space has historically shown lower tenant turnover than conventional offices because of the cost of building out clinical space. The $3,000,000 equity raise funds the acquisition and a lobby and parking upgrade.

Shares are priced at $500 with projected quarterly distributions. Lease rollover, healthcare regulation and financing costs are key risks.

The neighborhood

Los Angeles is a collection of very different neighborhoods, from the creative energy of Silver Lake to the beach culture of Venice and Santa Monica. Commute patterns and wildfire insurance availability matter as much as the house itself.

Good to know

• Identity verification (KYC) is required before investing.
• Distributions are projections and are not guaranteed.
• Shares are illiquid and are generally held for the full planned term.

Important information

Projected distributions are estimates based on the sponsor's business plan, are not guaranteed and may be lower or delayed. Capital is at risk and investments may be illiquid for the full hold period. Please read the offering documents and the EstateFull investment risk disclosure before investing.