5565 Grossmont Center DrLa Mesa, CA 91942

Property Details for 5565 Grossmont Center Dr

Lot size

4.55 AC

Zone code

COMMERCIAL

Property type

Healthcare properties

Property subtype

Medical offices

APN

490-260-10-00

APU

4902601000

Description

This exceptional Class B medical office building, located at 5565 Grossmont Center Dr in La Mesa, California, 91942, offers a variety of suite sizes perfect for medical professionals. The building, known as Grossmont Medical Center, boasts a total of 101,381 square feet spread across five stories. Multiple tenancy options are available, with spaces ranging from a minimum of 711 square feet to a maximum contiguous space of 3,094 square feet. The property sits on a 1.06-acre lot and is conveniently located in San Diego County. The building is equipped with elevators for easy access to all floors. This is an excellent opportunity for medical practices seeking modern, well-maintained office space in a thriving community. The building's central location provides easy access to major transportation routes and ample parking for patients and staff. The available suites are ideal for a variety of medical specialties, offering a flexible and adaptable layout to meet individual practice needs. Interested parties should inquire about current availability and lease terms. This property presents a unique chance to establish or expand a medical practice in a highly desirable location within a well-established medical center.

• CAP approach

  CAP return

  Valuation

  6%

  $41,545,496

  6.5%

  $38,349,688

  7%

  $35,610,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,077,112

  Geo Method

  $69,759,752

• Alternative Use

  Use

  Valuation

  Residential

  $47,553,612

  Hospitality

  $43,558,856

  Educational

  $36,240,456

  Medical

  $37,486,820

  Retail

  $56,374,040

Location Insight

City

La Mesa

County

San Diego

State

California

Latitude

32.7802

Longitude

-117.009

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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