CA > San Diego
San Diego, CA 92124,10850 Baroque Lane
San Diego, CA 92124,10850 Baroque Lane
San Diego, CA 92124,10850 Baroque Lane
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$2,500,000
Est. payment /mo
4,158 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

Square Footage 4,158 sqft

Price per Sqft $601

MLS Listing ID 250027866

Year Built 1991

Lot Size 8,100 Sqft

Acres 0.18

Property Sub-Type Commercial-Off/Rtl/Ind

Property Description

Rare 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. 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.

Location

State CA

County San Diego

Area Tierrasanta (92124)

Zoning CO-1-2

Interior

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Flooring Wood

Exterior

Parking Features On Site

Roof Type Composition

Building

Story 2

Lot Size Range .25 Acres or less

Others

Acceptable Financing Cash, Cash to New Loan, VA

Space Rent $46,800

Listing Terms Cash, Cash to New Loan, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/250027866

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San Diego Regional MLS (SDMLS)
Listed by Nikki Francis • Keller Williams San Diego Metro
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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10850 Baroque Lane