11770 Bernardo Plaza Ct San Diego, CA 92128
For Sale
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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.
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Jackofsky Gilbert M Physician Medical Clinic
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Avriette Holly J PhD Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · San Diego, CASan Diego. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.