Physicians Medical Center in Daly City is in an ‘extremely tight’ med office market
Name: Physicians Medical Center
Address: 901 Campus Drive
City: Daly City, Calif.
Square feet: 75,559
In-place NOI: $1.54 million
Year built: 1989
Occupancy: 92 percent
Site size: 2.48 acres
Brokers: Evan Kovac, Andrew Milne and David Dokko
Investors certainly don’t expect to find very many available, successful commercial properties to acquire in or near San Francisco, let alone medical office buildings (MOBs) with the potential to add plenty of value with a manageable amount of lease-up.
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