27875 Smyth Drive, Valencia, CA 91355

Property Description

27875 Smyth Drive is a ±5,900 SF fully-leased medical office building in the core of Valencia’s medical corridor, featuring walk-up garden access, strong regional tenants, and institutional-level stability. Located across from Valencia High School and surrounded by residential expansion, the property benefits from long-term healthcare demand and increasing patient traffic in one of northern Los Angeles County’s most active growth zones. The asset is 100% leased to three established healthcare users: LabCorp, urgent care, and podiatry. All tenants operate under NNN and CAM-reimbursed leases. The building’s garden-style design allows for direct walk-up access to each suite with no elevators required. Its parking ratio supports patient convenience and high daily volume, while its single-story format reduces maintenance complexity and operational friction. Positioned within minutes of Henry Mayo Newhall Hospital and major arterials serving Santa Clarita, this asset combines professional tenancy with favorable physical fundamentals. Operating income is stable, and the building has been professionally managed with no deferred maintenance. Regional demographics support ongoing medical demand, with continued new housing development reinforcing long-term user and investor viability. This is a strategic acquisition for a 1031 exchange buyer seeking yield and healthcare tenancy, or an owner-user evaluating potential future suite availability. The property’s format, location, and tenant mix also support long-term hold scenarios and limited operational oversight. Ideal for investors or healthcare professionals seeking control, security, and relevance in a competitive medical office environment.