- For Sale $18,900,000
- Property Type Office
- Property Size 31,390 SF
- Date Updated Apr 26, 2024
- Website lomassantafemedicalcenter.sharplaunch.com
As exclusive advisor to seller, Cushman & Wakefield is pleased to offer the rare opportunity to acquire fee-simple interest in a multi-tenant medical office property in coastal Solana Beach. Lomas Santa Fe Medical Center (the “Property”) is a two building, +/-31,390 square foot Property currently 74.7% leased to professional office, medical and dental tenants. The Property provides investors with various opportunities to add substantial value including:
- Lease-up of the remaining 7,940 SF of vacancy
- Pushing in-place rents (currently 34% below market)
- Future redevelopment potential, including office or multi-family residential
- Asset break up strategy, catering to smaller owner/user demand
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Attachments
Highlights
- Two-building, 31,390 SF Medical/Office project in coastal Solana Beach with Lomas Santa Fe Dr. address and frontage
- Substantial value-add opportunity
- The San Diego medical office market is one of the strongest in the nation with 6% overall vacancy
- Diverse and long-standing tenant base with an average in-place occupancy of 15 years
- Closest medical office building to the Solana Beach Coaster & AmTrak Station (0.5 miles / 12 minute walk)
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Contacts
John P. Still
Point Realty Advisors
(619) 993-5424
Peter Curry
Cushman & Wakefield
(760) 431-4238
Michael Mahoney
CBRE
(760) 438-8516
Location
Getting Around
-
Walk Score ®
Very Walkable (77) -
Bike Score ®
Bikeable (51)
- City Solana Beach, CA
- Neighborhood Solana Beach
- Zip Code 92075
- Market San Diego
Points of Interest
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Solana Beach
0.36 miles
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Encinitas
3.91 miles
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UC San Diego Health La Jolla
8.23 miles
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UC San Diego Central Campus
8.34 miles
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Carlsbad Poinsettia
8.45 miles
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VA Medical Center
8.64 miles
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Executive Drive
8.92 miles
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Nobel Drive
9.13 miles
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UTC
9.24 miles
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Chevron
1.12 miles
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Speedway
1.22 miles
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Shell
1.29 miles
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Circle K
1.41 miles
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Chevron
1.44 miles
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7-Eleven
1.88 miles
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Chevron Gas Station
2.17 miles
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Valero Gas Station & Car Wash
2.22 miles
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Shell
2.96 miles
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Santa Fe Shell
2.97 miles
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Cardiff State Beach Parking
0.80 miles
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Green Parking Lot
1.23 miles
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West Parking Lot
1.45 miles
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Main Parking Lot
1.58 miles
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Cardiff State Beach Parking
1.59 miles
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Trailhead Parking
1.82 miles
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Birmingham Park And Ride Park And Ride
2.23 miles
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Calle Magdalena Park And Ride
3.62 miles
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Event Parking Lot 2
4.02 miles
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Overflow Parking Lot
4.16 miles
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Claires on Cedros
0.30 miles
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Subway
0.33 miles
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Tidewater Tavern
0.39 miles
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Pizza Port
0.40 miles
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Station Sushi
0.40 miles
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Panera Bread
0.41 miles
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Carl's Jr.
0.44 miles
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Sushi Cafe + Deli
0.45 miles
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Bongiorno’s Pizza
0.45 miles
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Rudy's Taco Shop
0.47 miles
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Earl Warren Junior High School
0.22 miles
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Learning Tree School
0.26 miles
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Child Development Center
0.29 miles
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Bridges-A-Learning Center
0.30 miles
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Skyline Elementary School
0.31 miles
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Beth Am Preschool
0.42 miles
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Santa Fe Christian Schools
0.50 miles
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Garden School
0.56 miles
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Santa Fe Montessori School
0.72 miles
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Solana Vista Elementary School
1.04 miles
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Solana Beach Child Development Center
0.31 miles
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Encinitas Country Day School
3.26 miles
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La Costa Valley Preschool & Kindergarten
5.65 miles
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Christ Presbyterian Preschool
6.05 miles
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KinderCare Learning Centers
7.80 miles
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Early Childhood Education Center
8.78 miles