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25728944
25728943

781 Garden View Court, Stuite 100, Encinitas, CA 92024

OC
CA CA 01972528
Cushman & Wakefield - San Diego, California
PC
CA 01241186
Cushman & Wakefield - San Diego, California
BC
CA 01380901
Cushman & Wakefield - San Diego, California
KM
CA 01963162
JLL - San Diego, California
Listed by Cushman & Wakefield - San Diego, California, JLL - San Diego, California
$4,150,000
307 days on market
Updated 104 days ago

781 Garden View Court, Suite 100

Details
APN 257-470-11-01
Property Type Office
Sub Type Medical Office
Square Footage 4,879
Units 1
Cap Rate 5.4%
NOI $223,919
Occupancy 100%
Tenancy Single
Brand/Tenant Unio Specialty Care, Gastroenterology
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2031
Remaining Term 5.4
Rent Bumps Yes
Lease Options Two 5 Year Options at FMV
Price per SqFt $851
Broker Co-Op Yes
Class A
Year Built 2008
Lease Commencement 11/01/2021

NNN Leased Investment | 5.4% CAP | 4,879 SF Medical Condo | Encinitas, CA

Marketing description

Suite 100 at 781 Garden View Court offers a rare opportunity to acquire a fully leased, high-quality medical office condo in the heart of Encinitas’ thriving healthcare and commercial district. Located just off El Camino Real, the property benefits from strong accessibility and proximity to major providers, senior living, and affluent neighborhoods

Part of a well-maintained, condo-mapped two-story building totaling approximately 11,407 square feet across three units, Suite 100 comprises 4,879 square feet with a functional medical build out. While this Offering Memorandum pertains solely to the sale of Suite 100, prospective buyers may inquire about the potential to acquire both separately deeded suites. Ownership of both units would convey full control of the building’s HOA, offering additional long-term strategic value.

Investment highlights

  • Tenant: Unio Specialty Care – Gastroenterology (formerly Genesis Healthcare Partners)

  • Long term lease

  • NNN structure with minimal Landlord obligations

  • Close proximity to major medical centers

Listing Contacts

OC
CA CA 01972528
Cushman & Wakefield - San Diego, California
PC
CA 01241186
Cushman & Wakefield - San Diego, California
BC
CA 01380901
Cushman & Wakefield - San Diego, California
KM
CA 01963162
JLL - San Diego, California
Listed by Cushman & Wakefield - San Diego, California, JLL - San Diego, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$223,919.00
$18,659.92/mo

Valuation Metrics

0
DSCR
5.4%
Cap Rate
5.4%
ROI

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Additional Information

Name
Owen Curry
License
CA 01972528
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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