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12620 Monte Vista Rd
Poway, CA 92064
Mountainside Professional Building · Office Property For Sale
Executive Summary
* Rare scale a smaller medical/professional building that may be accessible to private investors and qualified owner/users
* Strategic setting adjacent to a hospital campus and surrounded by healthcare - oriented uses
* In place tenancy leased suites provide an income foundation, subject to lease and tenant-credit review
* Suite C lease-up upside modeled at 1,166 square feet and $3.50/SF/month beginning January 1, 2027
* CAM structure Suite C is modeled with a 2027 base year, supporting future expense recovery above the base year where permitted by the final lease
* Income growth: the prior underwriting includes contractual or assume rent growth through 2029
*Prominent identity: building and monument signage support visibility and way finding
* Dual buyer profile potential relevance to investors and medical/professional users planning future occupancy
* Strategic setting adjacent to a hospital campus and surrounded by healthcare - oriented uses
* In place tenancy leased suites provide an income foundation, subject to lease and tenant-credit review
* Suite C lease-up upside modeled at 1,166 square feet and $3.50/SF/month beginning January 1, 2027
* CAM structure Suite C is modeled with a 2027 base year, supporting future expense recovery above the base year where permitted by the final lease
* Income growth: the prior underwriting includes contractual or assume rent growth through 2029
*Prominent identity: building and monument signage support visibility and way finding
* Dual buyer profile potential relevance to investors and medical/professional users planning future occupancy
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,247 SF
Building Class
B
Year Built
1986
Price
$3,250,000
Price Per SF
$448.46
Cap Rate
6.17%
NOI
$200,525
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,624 SF
Slab To Slab
8’
Building FAR
0.44
Lot Size
0.38 AC
Zoning
CO - Commercial Office
Parking
30 Spaces (4.14 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 275-770-01 | Improvements Assessment | $1,312,961 |
| Land Assessment | $177,686 | Total Assessment | $1,490,647 |
Property Taxes
Parcel Number
275-770-01
Land Assessment
$177,686
Improvements Assessment
$1,312,961
Total Assessment
$1,490,647
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