Unique Opportunity to invest in Real Estate and Retail Pharmacy!

Lake Forest, CA (Orange County)

Unique Opportunity to invest in Real Estate and Retail Pharmacy!
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Asking Price: $1,250,000

Gross Revenue: $295,000

Price/Sq. Ft.: N/A

NOI: $65,000

Building SF: 1,452

FF&E: $150,000

Year Built: 2005

Unique Opportunity to invest in Real Estate and Retail Pharmacy!

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Property Description

Unique Opportunity to invest in Real Estate and Retail Pharmacy! Stop kissing up to your landlord and don’t lose your lease to greedy Real Estate Corporations because of escalating lease! Welcome to beautiful South Orange County, Mission Viejo/Rancho Santa Margarita/Foothill Ranch/Irvine area. The area is booming with new homes development. High-end homes and Commercial Plazas are growing rapidly thorough the area. This Retail Pharmacy started operating in 2005 when new commercial development was built and a medical suite was purchased. It’s a Retail Pharmacy but operators chose to concentrate on Compounding. Medicare, Optum RX, Blue S/Blue C, Caremark/CVS, AARP, ARETE and few others insurances. No MediCal [High End area, no MediCal patients]. PCCA member, seller will gladly train buyer and share proprietary compounding recipes, so there is no need to attend PCCA training that cost 20K-25K. Opportunities for servicing patients requiring controlled meds. PDX Software. The pharmacy is about 1,450 sf. Over $150K was spent on tenant improvements, high end roll-up security metal grill, safes and Uniweb shelving thru out the pharmacy. Some DME, wheelchairs rental on cash basis. No advertising and marketing, well established relationship with local doctors. A few large Medical Centers nearby – Hoag Medical Center, Mission Heritage Medical Group and few others. Save time and headache opening new Retail Pharmacy and applying for all insurances. Within past few years a few compounding/retail pharmacies were shut down in OC due to fast growing lease payments. Be your own landlord!
PIC may stay if needed for a reasonable amount of time. Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. All licenses and insurance contracts are in good standing. Seller states that there are multiple medical clinics in the area to accommodate fast growing local population.

Call Alex Levitan- Pacific Business Brokers (818)640-8080, and request an NDA.

Detailed Information

Location:
Lake Forest, CA
Type:
Retail
Building SF:
1,452
Building Status:
Established
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Alex Levitan

Property Listed By:
Alex Levitan

Pacific Business Advisors


Sponsoring Broker:
Fred Mercuro

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Ad#:1834953

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