14851 Yorba Street TUSTIN REHABILITATION HOSPITAL€¦ · 2020. High market barriers to entry...
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TUSTIN REHABILITATION HOSPITAL 14851 Yorba Street Tustin, California Existing General Acute Care Facility For Lease JOHN S. WADSWORTH Senior Vice President Healthcare Services Lic. 01177404 +1 949 724 5528 [email protected] AARON J. PHILLIPS Vice President Healthcare Services Lic. 01769480 +1 949 724 5562 [email protected] For more information please contact: Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
Transcript of 14851 Yorba Street TUSTIN REHABILITATION HOSPITAL€¦ · 2020. High market barriers to entry...
TUSTIN REHABILITATION HOSPITAL14851 Yorba Street
Tustin, California
Existing General Acute Care Facil ity For Lease
JOHN S. WADSWORTHSenior Vice PresidentHealthcare ServicesLic. 01177404+1 949 724 [email protected]
AARON J. PHILLIPS Vice PresidentHealthcare ServicesLic. 01769480+1 949 724 [email protected]
For more information please contact:
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
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Property Overview Colliers International, as the exclusive advisor to the owner, is pleased to present the Tustin Rehabilitation Hospital, a rare opportunity to lease an existing general acute care hospital facility located in the heart of Orange County, CA. The offering is comprised of a ± 55,000 SF, two story, 48-bed in-patient facility and a separate ± 15,000 SF single story multi-purpose building including 2 levels of subterranean parking. Located in the City of Tustin, the property has excellent visibility and accessibility from the Costa Mesa (55) Freeway via Irvine Blvd providing convenient access to all corners of Orange County. The hospital is currently occupied and available in the third quarter of 2020. High market barriers to entry coupled with the replacement cost of new hospital construction, make the Tustin Rehabilitation Hospital a unique opportunity for the full continuum of in-patient care providers.
AVAILABLE
20203Q
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due
diligence and verification.
14851 Yorba Street | Tust in , CA 3
ADDRESS 14851 Yorba Street, Tustin CA
LAND AREA ± 98,798 SF (2.27 AC)
HOSPITAL BUILDING AREA ± 55,000 SF
OUTPATIENT BUILDING AREA ± 15,000 SF
TOTAL BUILDING AREA ± 70,000 SF*
PARKING Two-Level Subterranean
LICENSE CATEGORY General Acute Care (per OSHPD)
LICENSED BEDS 48 Beds (per OSHPD)
STRUCTURAL PERFORMANCE CATEGORY SPC-3 (per OSHPD)
Property Details
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Property Features
Staff Cafeteria Back-up Generator
2 Levels Subterranean ParkingGenerous Lobby Area
Full-Service Kitchen Serving Patients and Staff
Two Physical Therapy Gyms
Common Patient Meeting and Dining Areas Outdoor Patio Area
*Square footage to be verified
APN # 401-302-14
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Floor Plans
Greg Spahr, Health & Safety Resources July 2016No Scale on Drawing (Building approx. 105-ft x 250-ft)
Hazardous Area
2-hr Smoke & Fire Barrier
1-hr Fire Barrier
2-hr Fire Barrier
Legend
Greg Spahr, Health & Safety Resources July 2016No Scale on Drawing (Building approx. 105-ft x 250-ft)
Hazardous Area
2-hr Smoke & Fire Barrier
1-hr Fire Barrier
2-hr Fire Barrier
Legend
First Floor
Second Floor
14851 Yorba Street | Tust in , CA 5
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
Situated in the heart of sunny Southern
California between Los Angeles and San Diego
is Orange County. Boasting a thriving economy,
sophisticated arts scene and a community of
high-powered movers and shakers, Orange
County is also blessed with beautiful weather,
a low unemployment rate and a rapidly growing
population and job market.
Thriving on immigrant dynamism coupled with
a long running technological explosion, this
conglomeration of 34 cities has become an
international world trade center. A third of the
firms in Orange County deal internationally,
and nearly half of its population is ethnically
diverse. If Orange County were a country it
would rank in the top 30 economies worldwide.
This 798-square-mile landscape hosts
dozens of urban enclaves and postindustrial
communities, including restaurants, businesses,
galleries, and everything in between. People
average less than a half an hour drive to work,
and dozens of quality hospitals, universities
and entertainment centers are equally near.
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Orange County
Market Overview
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed.
User must conduct due diligence and verification.
14851 Yorba Street | Tust in , CA 7
Area Demographics
TOTAL POPULATION (2019 Estimate)
POPULATION GROWTH (2024 Projection)
SENIOR POPULATION (55 Year or More)
3
MILES
256,830
3.02%
20.79%
$104,399HOUSEHOLD INCOME (Estimated Average)
5
MILES
649,370
3.53%
21.54%
$115,248
10
MILES
1,833,535
3.9%
24.39%
$116,793
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55
525 Beds334 Beds
Irvine Blvd 33,400 CPD
S Myrtle Ave
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14851 Yorba Street | Tust in , CA 9
55Costa Mesa Fwy
260,000 CPD
Orange County Global Medical Center 282 Beds
Yorba St 7,700 CPD
TUSTIN REHABILITATION HOSPITAL14851 Yorba Street
Tustin, California
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
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The Outpatient Market Scenario Planner (MSP), as developed by the Advisory Board, provides current and projected patient utilization estimates for specific specialties in key markets across the United States. The MSP tool supports planners, providers and hospital executives to make intelligent business development and strategic decisions to locate or expand programs in targeted markets. The following data is representative of the 24 Orange County zip codes that surround Tustin Rehabilitation Hospital within a five-mile radius.
For more information about the Advisory Board, please visit www.advisory.com.
Outpatient
Inpatient
SERVICE LINE 2017 VOLUME 2022 VOLUME 2027 VOLUME 5 YR GROWTH 10 YR GROWTH
Podiatry 17,976 23,358 29,273 29.9% 62.8%
Urology 19,047 24,703 29,414 29.7% 54.4%
Neurology 20,988 26,752 29,865 27.5% 42.3%
Endoscopy 65,693 81,780 90,215 24.5% 37.3%
Orthopedics 53,359 65,731 72,905 23.2% 36.6%
Other 6,804 8,285 9,672 21.8% 42.1%
Vascular 15,475 18,812 21,961 21.6% 41.9%
Pain Management 13,397 16,272 18,441 21.5% 37.6%
Cosmetic Procedures 11,174 13,468 14,951 20.5% 33.8%
Ophthalmology 103,432 124,275 142,795 20.2% 38.1%
Gastroenterology 34,751 41,448 47,550 19.3% 36.8%
Sleep Studies 34,291 40,881 44,948 19.2% 31.1%
Nephrology 10,539 12,435 14,128 18.0% 34.1%
Lab 340,560 401,364 462,496 17.9% 35.8%
Oncology Center 182,085 212,682 233,855 16.8% 28.4%
Pulmonology 37,232 43,462 49,136 16.7% 32.0%
Dermatology 74,647 86,681 96,779 16.1% 29.6%
Ambulatory Surgery 424,850 490,000 536,238 15.3% 26.2%
General Surgery 10,751 12,396 13,642 15.3% 26.9%
Cardiology 119,332 137,338 151,698 15.1% 27.1%
ENT 46,187 52,234 56,441 13.1% 22.2%
Physical Therapy 209,043 233,980 253,631 11.9% 21.3%
Physical Therapy/Rehabilitation 346,238 381,200 412,102 10.1% 19.0%
Oncology 2,586 2,822 3,061 9.1% 18.3%
SERVICE LINE 2017 VOLUME 2022 VOLUME 2027 VOLUME 5 YR GROWTH 10 YR GROWTH
Neurosurgery 347 408 455 17.6% 31.0%
Urology 633 679 729 7.3% 15.1%
Other Trauma 420 447 487 6.3% 16.0%
General Medicine 17,926 18,918 20,497 5.5% 14.3%
Neurology 2,041 2,132 2,337 4.5% 14.5%
Thoracic Surgery 263 275 295 4.4% 11.8%
Orthopedics 3,010 3,126 3,425 3.8% 13.8%
General Surgery 3,501 3,629 3,843 3.7% 9.8%
Oncology/Hematology (Medical) 1,416 1,461 1,609 3.2% 13.6%
Spine 1,154 1,184 1,256 2.6% 8.9%
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
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AHMC Anaheim Regional Medical Center
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La Habra
Fullerton
La Mirada
La Palma
Cypress
Lakewood
Long Beach
Costa Mesa
Garden Grove
Newport Beach
Laguna Niguel
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Lake Forest
Irvine
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Anaheim
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Yorba Linda
CoronaPlacentia
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Huntington Beach
Westminster
Los Alamitos
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
COLLIERS INTERNATIONAL 3 Park Plaza | Suite 1200
Irvine, CA 92614 www.colliers.com
JOHN S. WADSWORTHSenior Vice PresidentHealthcare ServicesLic. 01177404+1 949 724 [email protected]
AARON J. PHILLIPS Vice PresidentHealthcare ServicesLic. 01769480+1 949 724 [email protected]
Copyright © 2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. User must conduct due diligence and verification.
