10850 Baroque Ln - Medical FOR SALE


San Diego, CA 92124- Tierrasanta
$2,500,000 USD
619-634-4330
10850 Baroque Ln, San Diego, CA for Sale
$2,500,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

10850 Baroque Ln
San Diego, CA 92124
Tierrasanta


HIGHLIGHTS

  • Custom architectural design
  • Each tenant has private entrance to building
  • Build to suit by doctors for doctors

OVERVIEW

Rare opportunity to acquire a 4,158 SF two-story medical office building in the underserved San Diego neighborhood of Tierrasanta. Each level consists of a waiting room, secure patient intake and records room, a lab per floor and 4 exam rooms. The first floor boasting a private doctor office with full windows, storage and a personal bathroom. First time on the market, this original-owner asset at 10850 Baroque Lane features a long-term dental tenant occupying the second floor, generating $3,900/month with three years remaining on lease. A proposed cellular tenant offers an additional $3,200/month on a 5-year lease with renewal options, + available first floor lease bringing the potential annual income to $154,266. With no competing medical offices nearby and a growing senior population, demand for healthcare services in the area is accelerating. This low-maintenance property offers investors a recession-resistant asset class with strong income stability and upside. Healthcare real estate continues to outperform, supported by cap rate stabilization near 9.4% and consistent occupancy rates above 90%. Ideal for owner-user medical groups, urgent care, 1031 exchange, specialty clinics, vanity services, physical therapy, chiropractic, wellness practitioners or investors seeking long-term growth and security with ample space and parking.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Veterinarian/Kennel, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CO 1-2

APN/PARCEL ID

455-060-42-00

ASK ABOUT THIS PROPERTY

Nikki FrancisKW CommercialMore Info
619-634-4330

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Nikki FrancisKW CommercialMore Info
619-634-4330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.