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Property profile & analytics
FOR SALE
Retail space

11770 Bernardo Plaza Ct San Diego, CA 92128

75,942 SF 3.05 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-6611860
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 75,942 SF
Lot 3.05 ac (132,858 SF)
Zoning code COMMERCIAL
APN 274-781-21-00
UPID US09-6611860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Steven J. Schneider, DDS Dental Office
  • IntraStage (Bike/Boat/Book/etc) Store Corporate Office
  • Gaila Mackenzie-Strawn Gym & Fitness Center Alternative Medicine Practice
  • Jackofsky Gilbert M Physician Medical Clinic
  • Avriette Holly J PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.85M
Owner & transaction history
Rb Medical LLC
Rb Medical LLC
since 2026
6 recorded transactions
2026
$18.3M
2019
$19.9M
2004
Price N/A
2003
Price N/A
2000
Price N/A
1991
$6.5M
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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