KB Columbia Center — 51 Columbia • Aliso Viejo, CA
Kingsbarn Real Estate Capital is pleased to present the opportunity to acquire a premier, southern California, single-tenant, net-leased, publicly traded, medical office building leased to NeoGenomics, structured as a Delaware Statutory Trust (DST). Corporately guaranteed by NeoGenomics, this 15-year triple net lease property is a recent expansion of NeoGenomics, who have been in Aliso Viejo for over 10 years and currently leases 96,916 square feet of neighboring property.
Located in Orange County at 51 Columbia, Aliso Viejo, CA, this two-story building contains approximately 34,299 rentable square feet and is situated on a 2.41-acre parcel. The building was constructed in 1992 and extensively renovated in 2019 with approximately $3,100,000 worth of renovations that included: parking lot grind and overlay, new landscaping with drip irrigation system, new HVAC units, new insulation, fire alarm upgrade, new roof with 20-year NDL warranty, a new outdoor patio, a fire sprinkler upgrade, complete interior remodel, and new hydraulic elevator equipment.