For Sale
$6,900,000

3703 Camino Del Rio San Diego, CA 92108

Prime San Diego Medical Office, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Class A medical office building, Del Rio Plaza, presents a compelling investment or owner-user opportunity in San Diego's desirable Mission Valley submarket. Located at 3703 Camino Del Rio South, this two-story building boasts 22,595 square feet situated on a 0.93-acre lot. Built in 1989 and extensively renovated in 2017, the property features a multi-tenant configuration and offers ample parking (4 spaces per 1,000 sq ft). Recent improvements include a complete parking lot repaving and restripping, new landscaping, upgraded lighting and security cameras, refurbished elevator interiors, new signage and directories, a new entry driveway, and stamped concrete in common areas. The building is zoned MV-CO and benefits from a strong current NOI of $357,449, with a pro-forma NOI of $506,155. This presents a rare chance to acquire a well-maintained, high-performing asset in a thriving San Diego location. The asking price is $6,900,000. The property's excellent location and recent upgrades make it an attractive investment for both users and investors seeking a stable, high-return asset in a prime San Diego market.

Highlights

  • New stamped concrete in all common areas.
  • Refurbished elevator interiors and doors.
  • New building directories and signage.
  • New entry driveway.
  • Completely repaved and restriped parking lot.
  • New landscaping throughout, including driveway and courtyard.

Property Details for 3703 Camino Del Rio

Property type
Office properties, Medical offices
Square Feet
22,595 SF
Class
A
Year Built/Renovated
1989/2017
Buildings
1
Stories
2
Lot Size (sq. ft)
40,511 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7742488
Longitude
-117.1411815

FAQs

What type of property is this?
Office property - Prime San Diego Medical Office, High NOI
Where is the office property located?
The property is located at 3703 Camino Del Rio San Diego, CA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: New stamped concrete in all common areas.; Refurbished elevator interiors and doors.; New building directories and signage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3703 Camino Del Rio
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message