10850 Baroque Lane, San Diego, CA 92124 - Berkshire Hathaway HomeServices California Properties

10850 Baroque Lane, San Diego, CA 92124

$4,000,000 Approx. USD 0 beds, 0 baths

Listing Agent


Nikki Francis
Lic#: 01951844
Broker: Courtesy of Keller Williams San Diego Metro

Agent Remarks

Rare opportunity to acquire a 4,184 SF two-story medical office building in the underserved San Diego neighborhood of Tierrasanta. Each floor consists of a waiting room, lab and 4 exam rooms with the first floor boasting a private doctor office with full windows, storage and a personal bathroom. First time on the market, this original-owner asset at 10850 Baroque Lane features a long-term dental tenant occupying the second floor, generating $3,900/month with three years remaining on lease. A proposed cellular tenant offers an additional $3,200/month on a 5-year lease with renewal options, + available first floor lease bringing the potential annual income to $154,266. With no competing medical offices nearby and a growing senior population, demand for healthcare services in the area is accelerating. This low-maintenance property offers investors a recession-resistant asset class with strong income stability and upside. Healthcare real estate continues to outperform, supported by cap rate stabilization near 9.4% and consistent occupancy rates above 90%. Ideal for owner-user medical groups, urgent care, 1031 exchange, specialty clinics, vanity services, physical therapy, chiropractic, wellness practitioners or investors seeking long-term growth and security with ample space and parking.

Listing Details

Property type: Com-Off/Rtl/Ind (Commercial)
Status: ACTIVE
MLS# 250027866
Price: $4,000,000
Built in 1977
0.18 acres
Lot size: .25 Acres or less
County: San Diego
Zoning: CO-1-2
Construction: Concrete,Stucco
Parking description: On Site
Heating description: Central Forced Air Elec
MLS area: TIERRASANTA (92124)

Last Updated: 5/18/2025

 Days On Market (DOM): 21

 Find more San Diego homes and real estate

 Find more homes in 92124 zip code

This listing belongs to the TIERRASANTA (92124) MLS area

Lat/Long: 32.820443, -117.098709.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

92124 Area Map

Demographics

Schools

Near by

Similar Listings