7625 Mesa College DrSan Diego, CA 92111

  • Retail properties
  • 34,400 SF
For Lease
$27/SF/YR View listing

Property Details for 7625 Mesa College Dr

Year built
1996
Lot size
1.88 AC
Property size (Sq ft)
34,400 SF
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Retail space
APN
427-082-08-00
APU
4270820800

Description

This exceptional medical office complex, located at 7625 Mesa College Drive in the Kearny Mesa submarket of San Diego County, presents a unique investment opportunity. The property boasts two Class B buildings, totaling 24,900 square feet, constructed in 1996 and renovated in 2014. The complex features 11 suites across three stories, with elevators for convenient access. Currently, there are three available spaces ranging from 1,500 to 2,281 square feet, totaling 7,783 square feet of vacant space. This presents a significant opportunity for expansion or new tenancy within a thriving medical community. The buildings enjoy high visibility on Mesa College Drive, a major thoroughfare providing excellent access to Highway 163, ensuring high traffic and prominent exposure. The property's location within the medically dense Central San Diego area offers immediate access to a large pool of potential patients and colleagues. The multiple tenancy structure allows for flexibility and diverse occupancy options. This is an ideal location for medical professionals seeking a well-maintained, conveniently located, and highly visible space to establish or expand their practice. The property's proximity to Linda Vista Road further enhances its accessibility and connectivity within the broader San Diego area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,599,868
    6.5%
    $9,784,493
    7%
    $9,085,601
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,029,913
    Geo Method
    $30,511,576
  • Alternative Use

    Use
    Valuation
    Residential
    $8,253,586
    Hospitality
    $7,560,240
    Educational
    $6,290,032
    Medical
    $6,506,356
    Retail
    $9,784,493
7625 Mesa College Dr, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.8005
Longitude
-117.157
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$189,782
$4,829,127
$10,517,781
$15,346,908
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