San Diego, CA 92124,10850 Baroque Lane
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San Diego, CA 92124,10850 Baroque Lane
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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$ 2,500,000
Est. payment /mo
Price Dropped by $1.5M

10850 Baroque Lane San Diego, CA 92124

4 Baths


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250027866

Year Built 1991

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 Metro

Zoning CO-1-2

Direction Easy to access... From 15 fwy Exit Tierrasanta Blvd east RIGHT on La Cuenta Dr LEFT on Baroque Building is on corner

Interior

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Flooring Wood

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Roof Type Composition

Building

Lot Description Free Standing

Story 2

Others

Tax ID 455-060-42-00

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


MLS Router / San Diego MLS
Listed by Nikki Francis Keller Williams San Diego Metro
agent

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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10850 Baroque Lane