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11770 Bernardo Plaza Ct San Diego, CA 92128

For Sale
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Prime Medical Office, High Demand

Property size:
71,971 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional four-story, 71,971 square foot medical office building in San Diego's Rancho Bernardo boasts a prime freeway-fronting location on I-15, offering unparalleled visibility and accessibility. The property, currently 54% occupied, features one building across 3.05 acres with 417 parking spaces – a generous 5.8/1000 SF ratio. Its strategic location near the Apple campus and a burgeoning technology sector, coupled with strong local demographics (62% college degree or higher, $200,956 average household income within a three-mile radius), ensures high demand. The building benefits from significant daily traffic counts exceeding 200,000 vehicles on I-15 and 41,000 on Rancho Bernardo Road. Nearby amenities include over 2 million square feet of retail space, encompassing restaurants, banking, grocery stores, fitness centers, and hotels. The property's tenant mix includes a variety of medical specialties, with a weighted average lease term of 7.89 years, providing a stable cash flow stream. The building also offers onsite showers and lockers, and executive conferencing facilities. Proximity to major healthcare providers like Scripps, Sharp, UCSD, Palomar Health, and Kaiser Permanente further enhances its appeal. The planned expansion of UCSD's medical building and Apple's new campus are expected to drive increased tenant and patient traffic. This stabilized Class B multi-tenant property presents a compelling investment opportunity in a thriving San Diego submarket.

Property Features for 11770 Bernardo Plaza Ct

General Information

Property type
Medical offices
Square Feet
71,971 SF
Class
B
Lot Size
132,858 SF

Building Details

Buildings
1
Stories
4

HighLights

  • Four‑story, 71,971 square foot medical office building in Rancho Bernardo, San Diego, currently 54% occupied.
  • Prime freeway‑fronting location on I‑15, offering exceptional visibility and accessibility. The property sits on 3.05 acres with 417 parking spaces (5.8/1000 SF ratio).
  • Strong local demographics (62% college degree or higher, $200,956 average household income within a three‑mile radius), and high daily traffic counts (over 200,000 vehicles on I‑15 and 41,000 on Rancho Bernardo Road).
  • Diverse medical tenant mix with a 7.89‑year weighted average lease term, providing stable cash flow. Amenities include onsite showers, lockers, and executive conferencing facilities.
  • Proximity to major healthcare providers (Scripps, Sharp, UCSD, Palomar Health, Kaiser Permanente), and planned expansions of UCSD's medical building and Apple's new campus will drive increased traffic.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dr. Steven J. ... Cosmetic Dentist IntraStage Software Company Gaila Mackenzie-Strawn Wellness Center Jackofsky Gilbert M Psychologist Avriette Holly J ... Psychologist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.0769297
Latitude
33.0203936

FAQs

What type of property is this?
Medical office - Prime Medical Office, High Demand
Where is this medical office located?
The property is located at 11770 Bernardo Plaza Ct San Diego, CA.
What are key features of this property?
This property features: Four-story, 71,971 square foot medical office building in Rancho Bernardo, San Diego, currently 54% occupied.; Prime freeway-fronting location on I-15, offering exceptional visibility and accessibility. The property sits on 3.05 acres with 417 parking spaces (5.8/1000 SF ratio).; Strong local demographics (62% college degree or higher, $200,956 average household income within a three-mile radius), and high daily traffic counts (over 200,000 vehicles on I-15 and 41,000 on Rancho Bernardo Road).
More about this property
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