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Medical Office Condo Opportunity
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11770 Bernardo Plaza Ct, San Diego, CA 92128

Institutional-quality medical office condos with flexible suite sizes from 791–8,516 SF.

Property Size1,601 SF
Price / SF$625
Days on Market319

Property Features for 11770 Bernardo Plaza Ct

General Information

Standard status Active
Size 1,601 SF
Property subtype OFFICE

Site & Location

Neighborhood Rancho Bernardo
Highway Access Yes
Listing Agency: Colliers | San Diego
Listed By: Ryan Foley · License #CA 02018340
Source: Moodyscre
Added: Dec 16, 2025 Changed: Oct 25 Last Checked: Oct 30 at 6:15PM

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.

For sale is an institutional-quality medical office condominium opportunity with flexible suite sizes ranging from 791 to 8,516 SF. The property is described as having a cohesive mix of established healthcare and professional tenants, and it includes recent and planned capital improvements.

Located on the I-15 corridor, the asset is offered at 11770 Bernardo Plaza Ct in San Diego, CA 92128. The property is also noted as being in close proximity to major health systems.

As a condo structure, buyers can evaluate individual suite options within the broader medical office setting based on the suite sizes available.

Key Highlights

  • Institutional‑quality medical office condo asset
  • Flexible suite sizes ranging from 791 to 8,516 SF
  • Condo tenant mix includes established healthcare and professional tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,907
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,140 $618.1K
Cap Rate 7%
$441,529 $441.5K
Cap Rate 9%
$343,411 $343.4K
Market Conditions
NOI Build-Up for 1,601 SF
Gross rent
$48.0K $30.00/SF
− Vacancy
−$6.8K −$4.26/SF
EGI
$41.2K $25.74/SF
− OpEx
−$10.3K −$6.44/SF
NOI
$30.9K $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%
$618,140
Cap Rate 7%
$441,529
Cap Rate 9%
$343,411

Alternative Uses

Best Use
Office B
$441.5K
$386.3K – $515.1K (±1% cap)
NOI $30,907 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$402.5K
$352.2K – $469.5K (±1% cap)
NOI $28,172 @ 7.0% cap · market cap 2.82%
Theoretical Best
Specialty Retail
$632.3K
$553.3K – $737.7K (±1% cap)
NOI $44,264 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Steven J. ... Dental Office IntraStage (Bike/Boat/Book/etc) Store Gaila Mackenzie-Strawn Gym & Fitness Center Jackofsky Gilbert M Physician Avriette Holly J ... Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,506
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025

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 - Institutional-quality medical office condos with flexible suite sizes from 791–8,516 SF.
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 $1,000,625.
What are key features of this property?
This property features: Institutional‑quality medical office condo asset; Flexible suite sizes ranging from 791 to 8,516 SF; Condo tenant mix includes established healthcare and professional tenants
(760) 930-7924 Call to check price and availability
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