For Sale: Trophy Medical Office Real Estate with Value-Add Opportunity

The Offering

CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the San Diego Medical Office Portfolio (the “Portfolio” or the “Properties”) for purchase. The Portfolio consists of two, trophy medical office buildings (MOBs) in San Diego, California that total approximately 101,268 rentable square feet and are projected to be 84% leased to some of the most prominent healhcare providers in the San Diego market. The offering provides a stable cash flow alongside an excellent opportunity to create value through the lease-up of the vacant space.

Investment Highlights

  • Value-Add Opportunity in San Diego
  • Scripps Health Tenancy
  • Diverse, Synergistic Tenant Mix
  • Appealing Demographic and Aging Trends
  • Increased Demand For Outpatient Facilities
  • Positive Physician Employment Trends
  • Offered Free and Clear of Any Debt

Investment Summary

Price: Best Offer
Portfolio: 101,268 RSF
Projected % Leased: 84%
In-Place NOI: $2,176,207

 

 

Contact Information

CBRE U.S. Healthcare Capital Markets Group

Chris Bodnar
Executive Vice President
+1 303 628 1711
chris.bodnar@cbre.com
CA License 01892501

Lee Asher
Executive Vice President
+1 404 504 5965
lee.asher@cbre.com

Sabrina Solomiany
Director
+1 404 812 5109
sabrina.solomiany@cbre.com

CBRE California Broker of Record

Dan Yeilding
San Diego Medical Office Leasing
+1 760 438 8569
dan.yeilding@cbre.com
CA License 01384625

CBRE Debt & Structured Finance

Greg Greene
Senior Vice President
+1 214 949 5617
greg.greene@cbre.com

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