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Medical Office Building Sells for $5.27M

Investors Purchase 7501 Hospital Drive in Sacramento
September 26, 2011
Quetnick Family and DLS Management LLC purchased 7501 Hospital Drive in Sacramento for $5,270,500, or $213 per square foot, from Hospital Drive LLC.

Constructed in 1974, the 24,708-square-foot, multi-tenant medical office building is located on a 2.37 acre parcel adjacent to Methodist Hospital. The building was 100% leased at the time of sale.

James Devincenti of Marcus and Millichap represented the buyers. Evan Kovac, Nic Lyon and Ruslan Moroz of Marcus & Millichap represented the seller.

Please reference Comp # 2182280 for more information on this transaction.




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