Listed by Colliers - Los Angeles - La Jolla, California, Colliers - San Diego - Carlsbad, California
$2,634,663
RB Medical Plaza
Details
APN 274-781-21-00
Property Type Office
Sub Type Medical Office
Square Footage 78,872
Net Rentable (SqFt) 4,266
Cap Rate 6.00%
NOI $158,080
Occupancy 100%
Lease Expiration 08/30/2033
Price per SqFt $650
Year Built 1984
Acreage 3.050
Parking Spaces 5.81 per 1,000 sq ft
Office | 6.00% CAP | 78,872 SqFt
Marketing description
RB Medical Plaza offers a premier Rancho Bernardo location with excellent visibility and accessibility along Interstate 15. The Property combines professional design, modernized common areas, and enhanced building systems to deliver a high-quality environment for healthcare and professional tenants. With its ongoing capital improvements—including exterior upgrades, refreshed entries, and efficient infrastructure—RB Medical Plaza provides a contemporary, patient-friendly setting designed to support today’s medical practices and long-term tenant success.
Colliers International (“Colliers”) has been retained on an exclusive basis to
sell RB Medical Plaza, the premier medical office condominium project in
Rancho Bernardo, CA (the “Property”). A prominently located medical office
building, the Property is currently in the process of being condo mapped, with
impending capital improvements planned, and occupied by a diverse mix of
healthcare and professional services tenants (the “Tenant”).
The Asset
The ±78,872 SF Property is situated on ±3.05 acres in the Rancho Bernardo
submarket. Built in 1984 and recently upgraded, the four-story building
features steel-frame construction, two elevators, a landscaped central
courtyard, above standard parking, and upgraded common areas and
restrooms. With its
freeway-fronting visibility along Interstate 15 and amenity-rich design, RB
Medical Plaza represents a premier medical office opportunity with both
stable in-place tenancy and significant lease-up potential.
The Opportunity
Rancho Bernardo serves as the gateway to both North and Central San Diego,
offering a premier location for healthcare growth. The submarket is home to
strong healthcare demographics and anchored by leading health systems,
creating a highly cohesive, all-healthcare environment. With established
health systems expanding across North County and increasing demand
for outpatient medical space, this market presents a rare opportunity for a
healthcare practice to grow, thrive, and position itself alongside some of the
region’s most prominent providers.
Investment highlights
- Unit Size: ± 4,266 RSF Medical Office Condo
- Tenant: Aesthetic Partners dba Lansara
- Lease Expiration: 8/31/2033
- Leased: 100%
- NOI: $158,079.83
- Purchase Price: $2,634,663
- Cap Rate: 6%
- Building Area: 78,872 SF on 3.05 Acres
- Submarket: Rancho Bernardo North County San Diego
- Construction: Steel
- Roof: Tile
- APN: 274-781-21-00
- Parking Ratio: 5.8/1,000 SF
Listing Contacts
Listed by Colliers - Los Angeles - La Jolla, California, Colliers - San Diego - Carlsbad, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,079.83
$13,173.32/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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