$2,000,000
are opportunity to acquire a 4,184 SF two-story medical office building in the underserved San Diego neighborhood of Tierrasanta. Each floor consists of a waiting room, lab and 4 exam rooms with 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. See below...
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Listed by Nikki Francis with Keller Williams San Diego Metro (619) 233-5935
Property Type
Commercial Sale
Status
Active
MLS Number
260007478SD
Year Built
1981