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    502 Euclid Ave National City, CA 91950

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    For Lease
    Contact for pricing

    Prime Medical Office Suites Available in San Diego County

    Lot size:
    31,149 SF

    Property Features for 502 Euclid Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,149 SF
    Total Rate
    74134.62

    Building Details

    Year Built
    1985
    Buildings
    1

    Spaces For Lease

    at 502 Euclid Ave, National City, CA 91950 Contact us
    Unit Suite 104

    $28 /Mo

    Size
    2,405 SF
    Contact us
    Unit Suite 105

    $28 /Mo

    Size
    1,110 SF
    Contact us
    Unit Suite 204

    $28 /Mo

    Size
    1,226 SF
    Contact us
    Unit Suite 303

    $28 /Mo

    Size
    1,372 SF
    Contact us

    We can help!

    Listing Contact
    Joe Zurek
    Joe Zurek

    Listing Agency: Cushman & Wakefield - San Diego, California Listing Agent: Joe Zurek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional medical office building, located at 502 Euclid Avenue in National City, California, presents a unique opportunity for healthcare professionals seeking versatile and well-appointed space. The single-story building, constructed in 1985, boasts a total of 31,149 square feet situated on a generous 34 acres of land in San Diego County, zip code 91950. Currently, there are multiple suites available for lease, ranging from a minimum of 1,110 square feet to a maximum contiguous space of 2,405 square feet. A total of 7,433 square feet is currently vacant and ready for immediate occupancy. The property's ideal location within National City offers convenient access to major transportation routes and a thriving local community. This is an excellent opportunity to establish or expand your medical practice in a well-maintained and strategically located building. The property is classified as a medical office building with multiple tenancies, providing flexibility for various healthcare needs. The building's size and layout offer ample space for a variety of medical specialties. Interested parties are encouraged to inquire about lease terms and availability. Don't miss this chance to secure your ideal medical office space in a prime San Diego County location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paradise Pharmacy Pharmacy Randi Cooper Maples, ... Physician Ungab Medical Medical Clinic Medina Ben MD Physician Leticia Velazquez, ACSW Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    National City
    County
    San Diego
    State
    California
    Longitude
    -117.08254124182
    Latitude
    32.684023054306

    Nearby Similar for Lease

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      Retail Space in National City

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      National City Office Space Available

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Suites Available in San Diego County
    Where is this medical office located?
    The property is located at 502 Euclid Ave National City, CA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Excellent Paradise Valley Hospital adjacency.; Building undergoing complete renovation.; Full-service gross lease includes electricity, janitorial services, and medical waste removal.
    (619) 866-2027 Call to check price and availability
    Request Owner's contact information
    502 Euclid Ave National City, CA 91950
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    National City, CA 91950
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Euclid Ave National City, CA 91950
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    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Zurek
    Joe Zurek
    Real Estate License ID: 01967813
    (619) 866-2027
    Learn more
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