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Property for sale: 10850 Baroque Lane in San Diego

10850 Baroque Lane San Diego

Exterior Front
$4,000,000
Prop. Type:
Com-Off/Rtl/Ind
MLS® Num:
250027866
Status:
Active
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.
Rental Amount:
3900
Tenant pays:
All of the Above
Price Includes:
Building, Land, Leases
Lease per Sq Ft:
$962.00
Price Per SqFt:
962.0
Total Floor Area:
Switch units of measure7,931 sq. ft.
Lot Size:
Switch units of measure7,841 sq. ft.
Lot Size Commercial:
.25 Acres or less
Stories:
2 Story
Num Stories:
2
County:
San Diego
Market Area:
Metro
Neighboring Business Types:
Fire Station, Starbucks Hardware Restaurant, Dentist, Pharmacy
Unit Number for Unit 1:
C
Finished Area for Unit 1:
Switch units of measure1,150 sq. ft.
Unit 1 Lease Expires:
05/02/3037
Total Rent for Unit 1:
3900.0
Easy to access... From 15 fwy Exit Tierrasanta Blvd east RIGHT on La Cuenta Dr LEFT om Baroque Building is on corner
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Zoning:
CO-1-2
Number of Buildings:
1
Number of Units:
1
Terms:
Cash, Cash to New Loan, VA
Construction Material:
Concrete, Stucco
Cooling:
Central Forced Air Elec
Heating:
Central Forced Air Elec
Roof:
Composition
Floor finish:
Wood
Sales Restrictions:
N/K
Parcel Number:
455-060-42-00
Gross scheduled income:
46800.0
Maintainance expense:
6809.69
Management expense:
6000
Manager expense:
0
Operating expense:
35000
Pest control expense:
450
Gardener expense:
408.33
Trash expense:
2483.16
Water/Sewer expense:
280
Projected gross scheduled income:
154266
Projected net Income:
112266
Projected operating expense:
42000
Present Loan:
0
Listed by Keller Williams San Diego Metro
Data was last updated June 7, 2025 at 11:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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