27875 Smyth Drive

Positioned on its merits.

27875 Smyth Drive is a ±5,939 square foot medical office building in the core of Valencia's healthcare corridor, 100% leased to a strong mix of medical tenants, an urgent care provider, LabCorp (S&P: BBB+), and an established podiatry practice. All leases are structured as NNN and CAM-reimbursed, producing $184,614 in annual NOI with no deferred maintenance and a documented professional management history.

Built in 2005 of concrete tilt-up construction, the single-story, garden-style asset offers direct walk-up suite access, a 4:1 parking ratio, and efficient suite design, ideal for both practitioner functionality and patient convenience. The property sits directly across from Valencia High School, within minutes of Henry Mayo Newhall Hospital, and three minutes from I-5 via the Magic Mountain Parkway exit.

Positioned in one of Los Angeles County's most supply-constrained and rapidly growing medical submarkets, the offering suited both investors seeking stabilized cash flow with minimal management oversight and owner-users seeking long-term control and professional identity. The transaction closed at $2,600,000.