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Property profile & analytics
FOR LEASE
Medical Office Space

3434 Midway Dr San Diego, CA 92110

26,500 SF 0.85 ac lot Built 1993
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8904504
Property summary
AI-generated overview

This exceptional medical coworking opportunity is located in a newly renovated two-story medical building at 3434 Midway Dr, San Diego, CA 92110, within San Diego County. The property offers a total of 5,567 square feet of space, with one suite currently available. The building features a first-floor surgery center and a well-equipped second floor. The available space includes seven exam rooms, a procedure room, two doctor's offices, and a dedicated physical therapy area. Ample waiting and reception areas are also provided. Currently, a large pain management practice occupies a portion of the building. Flexible leasing options are available, including long-term and short-term leases, catering to various needs. A unique feature is the per diem rental option for exam rooms, priced at $150 per room per weekday. The entire office space is available for rent on Mondays, presenting a cost-effective solution for establishing a new medical practice location or expanding an existing one. This property presents a rare opportunity to secure a well-appointed medical office space in a thriving San Diego location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Total area 26,500 SF
Lot 0.85 ac (37,026 SF)
Zoning code COMMERCIAL
APN 441-650-22-00
UPID US09-8904504
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
  • Work Med Physician
  • Viva Wellness Laser Hair Removal Service Medical Clinic
  • Katrina John Physician
  • Richley Sunny R MD Physician
  • Brian Phd Vanfossen Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.44M
CAP Approach CAP
$7.18M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.77M
Owner & transaction history
Summit Circle Properties LLC · 12 yrs held
Summit Circle Properties LLC
since 2014
Last sale
$6.0M
7 recorded transactions
2014
$235,000
2010
Price N/A
2007
$5.5M
2007
Price N/A
1991
Price N/A
1990
$2.0M
1969
Price N/A
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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