27871 Smyth, Valencia, CA 91355

Property Description

27871 Smyth Drive is a ±6,384 SF fully-leased medical office building positioned within the Santa Clarita Medical Complex, one of northern Los Angeles County’s most desired healthcare zones. Built in 2005, the asset offers a single-story, garden-style design with direct walk-up suite access and a 4:1 parking ratio. Its layout supports efficient patient circulation and provides a low-intensity ownership experience under professional management. The property is 100 percent leased to two healthcare tenants under NNN structures. Henry Mayo Newhall Clinic, the region’s primary hospital system, occupies approximately 4,384 SF under a new long-term lease with two three-year extension options through 2036. DermaCure of Valencia, led by Dr. Craig Ingber, has operated continuously since 2007 in 2,000 SF. Combined tenancy delivers predictable cash flow and institutional-grade stability within a physician-developed asset. Situated adjacent to Henry Mayo Hospital and surrounded by complementary practices, imaging centers, and specialty clinics, the building benefits from entrenched referral networks and sustained patient demand. Current stabilized NOI reflects durable yield with minimal operational friction. The asset’s design, credit tenancy, and location create an attractive balance of income stability and a desirable medical asset for future capital appreciation. This offering represents a secure, income-producing acquisition suited for 1031-exchange investors, physician-groups seeking passive ownership, or long-term holders prioritizing healthcare tenancy and limited management requirements in a supply-constrained submarket.