Medical Office Condo
For Sale
Contact for pricing
11770 Bernardo Plaza Ct, San Diego, CA 92128
Condo-owned medical office suites with flexible sizing ranging from 791 to 8,516 square feet.
Property Size7,146 SF
Price / SF$650
Days on Market128
Property Features for 11770 Bernardo Plaza Ct
General Information
Standard status
Active
Size
7,146 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Rancho Bernardo
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Colliers | San Diego
(858) 455-1515
Listed By:
Ryan Foley · License #CA 02018340
(760) 930-7924
Source:
Moodyscre
Added: Jun 25
Changed: Oct 26
Last Checked: Oct 28 at 10:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | San Diego
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Investment Insights
Based on property information with market context.
Condo ownership is available for an institutional medical office property with flexible suite sizes ranging from 791 to 8,516 square feet. The asset is described as accommodating a cohesive mix of established healthcare and professional tenants, and it includes recent and planned capital improvements.
Located at 11770 Bernardo Plaza Ct in the San Diego area, the property is positioned on the I-15 corridor. The remarks also note close proximity to major health systems.
For buyers seeking medical office exposure with suite flexibility, the condo format may offer a straightforward path to ownership while supporting a tenant mix across healthcare and professional uses.
Located at 11770 Bernardo Plaza Ct in the San Diego area, the property is positioned on the I-15 corridor. The remarks also note close proximity to major health systems.
For buyers seeking medical office exposure with suite flexibility, the condo format may offer a straightforward path to ownership while supporting a tenant mix across healthcare and professional uses.
Key Highlights
- Condo‑owned medical office suites with flexible sizes from 791 to 8,516 SF
- Institutional‑quality medical office asset on the I‑15 corridor
- Tenant mix includes established healthcare and professional tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,954
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,759,080
$2.8M
Cap Rate 7%
$1,970,771
$2.0M
Cap Rate 9%
$1,532,822
$1.5M
Market Conditions
NOI Build-Up for 7,146 SF
Gross rent
$214.4K $30.00/SF
− Vacancy
−$30.4K −$4.26/SF
EGI
$183.9K $25.74/SF
− OpEx
−$46.0K −$6.44/SF
NOI
$138.0K $19.31/SF
Area
San Diego, CA
Vacancy
14.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,759,080
Cap Rate 7%
$1,970,771
Cap Rate 9%
$1,532,822
Alternative Uses
Best Use
Office B
$1.97M
$1.72M – $2.30M
NOI $137,954 @ 7.0% cap · market cap 2.97%
Second Best
Healthcare Medical
$1.80M
$1.57M – $2.10M
NOI $125,747 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$2.82M
$2.47M – $3.29M
NOI $197,573 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,506
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92128, CA
49,083
Population
21,308
Households
2.3
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
11.7 sq mi
ZIP Area
4,195
Density / Sq Mi
$128,150
Median Household Income
$80,723
Median Earnings
$2,760
Median Rent
$875,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Diego, CA
Similar Off Market Nearby
- Rancho Bernardo Pet Hospital — 16588 Bernardo Center Dr STE 160, San Diego, CA 92128
- Companion Care Veterinary Hospital & Urgent Care — 16777 Bernardo Center Dr E-10, San Diego, CA 92128
Frequently Asked Questions
What type of property is this?
Medical Office Space - Condo-owned medical office suites with flexible sizing ranging from 791 to 8,516 square feet.
Where is this medical office space located?
The property is located at 11770 Bernardo Plaza Ct San Diego, CA.
What is the asking price?
The asking price for this property is $4,644,900.
What are key features of this property?
This property features: Condo‑owned medical office suites with flexible sizes from 791 to 8,516 SF; Institutional‑quality medical office asset on the I‑15 corridor; Tenant mix includes established healthcare and professional tenants
