For Sale
$3,200,000

838 Nordahl RdSan Marcos, CA 92069

Class A, 100% Occupied, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, three-story medical office building in San Marcos, CA, offers a unique owner-user investment opportunity. The 1,944 square foot property, located at 838 Nordahl Rd, boasts a prime location at the border of San Marcos and Escondido. Currently 100% occupied, the building features a multi-tenant configuration with a five-year lease in place for one suite, generating over $11,500 in gross monthly rental income. The second suite, approximately 1,944 square feet, is available for immediate occupancy and includes seven fully built-out treatment rooms/private offices, a waiting room/reception area, utility room, storage, and an ADA-compliant restroom. This turnkey space features a corner unit with abundant natural light. The building offers a 5:1,000 square foot parking ratio, ensuring ample parking for tenants and visitors. This presents a rare chance to acquire a high-quality medical office space with immediate income potential and the flexibility to expand upon lease expiration. The asking price is $3,200,000, resulting in a price per square foot of $619. This property is ideal for medical professionals seeking a prestigious, move-in-ready location with strong income generation potential. The building's sophisticated finishes and enduring materials create an atmosphere of wellness and healing, perfectly suited for a thriving medical practice.

Highlights

  • ±1,944 SF turnkey medical office space (Space B) available for lease.
  • Seven exam rooms/private offices, ADA restroom, reception area, utility room, and storage included.
  • Corner unit with abundant natural light.
  • Located in a fully occupied medical building with complementary businesses.
  • 5/1,000 SF parking ratio.
  • Class A medical office condo (Suite 175) for sale, directly off the lobby.

Property Details for 838 Nordahl Rd

Property type
Office properties, Medical offices
Square Feet
1,944 SF
Class
A
Stories
3

Location Insight

City
San Marcos
County
San Diego
State
California
Latitude
33.1354062
Longitude
-117.1185687
838 Nordahl Rd, San Marcos, California

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838 Nordahl Rd
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