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Richley Medical Plaza 3434 Midway Dr 24,062 SF 95% Leased Office Building San Diego, CA 92110 $9,450,000 ($392.74/SF) 6.82% Cap Rate



INVESTMENT HIGHLIGHTS
- Long-Term Tenants / Stable Cash-Flow
- Value-Add Location Adjacent to Pechanga Stadium
- $600,000+ Recent Renovation
- High-Quality Investment Opportunity
- $2 Billion+ Redevelopment Project - 16,500 Seat Stadium / 4,250 Apartments / 130,000 SF Retail & Entertainment / 200+ Hotel Rooms
- 96% Occupied / Core Tenant in Operation for 34 Years / 30+ Multistate Locations
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Atrium
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Backup Power / Generators
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
ARCpoint Labs is a national, full-service, third-party provider/administrator of accurate, reliable, and confidential diagnostic testing. They offer safe, reliable testing for individuals, companies, and legal and healthcare professionals. They've been in the drug and alcohol testing business for 20+ years, and their staff has over 60 years of combined industry experience. Their industry experts have developed comprehensive programs that address the wide-ranging aspects of federally mandated and non-regulated programs that assist clients in creating and maintaining a drug and alcohol-free workplace. Additionally, they provide the means for individuals to order tests to monitor and maintain a healthy life, in many cases without the need for a physician order. ARCPoint’s comprehensive testing services are built around their passion to reduce drug abuse and empower individuals and companies to manage their health and wellness through affordable lab screenings.
Synovation Medical Group aims to restore function and richness to patients’ lives, giving them control over their pain and reducing their reliance on medications through collaborative, multidisciplinary pain management programs that are unavailable elsewhere. Synovation Medical Group strives to be a leader in pain management by starting with the premise that treatments must be innovative, ethical, and efficient. Their specialists come from a wide variety of disciplines, including Physical Medicine and Rehabilitation, Neurology, Anesthesiology, Physical and Occupational Therapy, Alternative and Complementary Medicine, and Behavioral Health. They collaborate and integrate these approaches to find the right individual approach for each patient and their goals.
Why wait hours in a San Diego emergency room when you can quickly get affordable, quality care in as little as 5 minutes? They have provided personal, exceptional care in San Diego for over 20 years. Their San Diego urgent care center is well-equipped to handle most of your non-life-threatening medical emergencies; no appointment is needed. When you need emergency care in San Diego, trust the well-trained staff of experienced doctors, nurses, and technicians.
- Viva Wellness Medical Group
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Professional, Scientific, and Technical Services | - | - | Modified Gross | May 2027 | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Viva Wellness Medical Group | Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Large open area, three offices and a restroom.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 2008 | 1,090 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 2008
| Size |
| 1,090 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2008
| Size | 1,090 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Large open area, three offices and a restroom.
PROPERTY TAXES
| Parcel Number | 441-650-22 | Improvements Assessment | $2,187,291 |
| Land Assessment | $4,374,583 | Total Assessment | $6,561,874 |
PROPERTY TAXES
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Richley Medical Plaza | 3434 Midway Dr
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