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8881 Fletcher Parkway - Fletcher Parkway Medical Center, La Mesa, CA

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DetailMap
8881 Fletcher Parkway - Fletcher Parkway Medical Center

La Mesa, CA 91942-3134 - East County Submarket

(1.4 MB)

Property Type:Office Sub Type:Medical Status:Existing Year Built:1985
Stories:3 Typical Floor:27,341 SF Building Size:82,024 SF
Smallest Space:1,259 SF Largest Space:10,100 SF Total Space Avail:16,072 SF Rent/SF/Yr:
Negotiable
Parking:390 Surface spaces are available; Reserved spaces @ $100.00/mo; Ratio of 5.5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
2,184 SF
Negotiable
Vacant
Negotiable
Office/Medical
 2nd
2,630 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
 2nd
3,052 SF
Negotiable
Vacant
3-5 yrs
Office
 2nd
3,159 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
 2nd
1,259 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
 3rd
1,408 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
 3rd
2,380 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
 
11083292
9627046
8114305
9627049
4052122
9627050
10512912
Floor Plan
  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
2,184 SF
Negotiable
Vacant
Negotiable
Office/Medical
2nd
2,630 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
2nd
3,052 SF
Negotiable
Vacant
3-5 yrs
Office
2nd
3,159 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
2nd
1,259 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
3rd
1,408 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
3rd
2,380 SF
Negotiable
Vacant
3-5 yrs
Office/Medical
7/00: The Abbey Company purchased the building from WHGF Real Estate. Trammell Crow represented both parties. Reference Comps #SDC-77840-08-0020 for more information.

The building is a steel-framed structure with a distinctive masonry
facade set off by glass panels. In addition to physicians' offices, the
building has a self-contained surgery center with controlled environment.
It is close to Grossmont Hospital and the I-8/125 interchange.

Sale Notes:
HFF, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire a 100% fee simple interest in
Fletcher Parkway Medical Center (“FPMC”), a mission-critical medical office building totaling 82,024 square feet and located
adjacent to the award-winning Sharp Grossmont Hospital, a not-for-profit hospital in San Diego, California. Constructed
in 1985, Fletcher Parkway Medical Center represents the rare opportunity to purchase a coastal value-add medical office
building anchored by one of the premier health systems in the country, Sharp HealthCare (Moody’s: Aa3). Currently 81%
leased, Sharp HealthCare leases 28,440 square feet or 43% of the in-place tenancy on triple net basis with staggered
expirations from 2018 through 2023. High-acuity uses in the Property including a Surgical Care Affiliates (Moody’s: B1)
ambulatory surgery center and imaging services create a synergistic medical environment and secure tenant base. FPMC
provides an investor stable in-place cash flow with a credit anchor tenant with a 20 year presence at the Property while
concurrently positioned to capture the significant upside related to leasing highly attractive vacant space in a metro with a
recent surge in rental rates.


The Abbey Company
Eamonn Pardini



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