Property profile

4033 3Rd Ave San Diego, CA 92103

FOR LEASE
Medical Office Space
Property ID
US09-7270863
32,400 SF 0.37 ac lot Built 1990
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A medical office space, totaling 1,669 square feet, is ideally situated at 4033 3rd Avenue in San Diego, California, zip code 92101. The entire space is currently available for lease, presenting a unique opportunity for a medical practice seeking a move-in ready location. Located in San Diego County, this property boasts a highly desirable address within a thriving commercial district. The building's classification as Class A signifies its superior construction, modern amenities, and high-quality finishes. The property is categorized as a multi-tenant building, offering potential for collaboration or expansion within the same complex. The precise layout and configuration of the 1,669 square feet can be tailored to meet the specific needs of the prospective tenant. This fully vacant space provides immediate occupancy, eliminating the need for extensive renovations or waiting periods. Its prime location in San Diego offers excellent visibility and accessibility for patients and staff alike. Interested parties are encouraged to inquire for further details and to schedule a viewing of this exceptional medical office space. The property is ready for immediate occupancy. This is a rare opportunity to secure a fully vacant, Class A medical office space in a prime San Diego location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Total area 32,400 SF
Lot 0.37 ac (16,200 SF)
Zoning code COMMERCIAL
APN 444-522-37-00
UPID US09-7270863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office Physician
  • Physician Medical Clinic

Location

4033 3Rd Ave San Diego, CA 92103
San Diego metro Census 400 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.15M
CAP Approach CAP
$8.77M
Comparable Approach Comparable
$7.43M
Blend (final) Blend
$11.79M

Owner & transaction history

since 2021
Last sale
$12.5M
7 recorded transactions
2021
$12.5M
2017
$9.3M
2007
$12.5M
2004
Price N/A
2003
Price N/A
2001
Price N/A
1969
Price N/A

Zoning & alternative use

COMMERCIAL · San Diego, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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