Description

The mixed-use office and retail property that is for sale is located at 4116-20 W Point Loma Blvd, San Diego, CA 92110. This is an amazing opportunity for a doctor to purchase this property and to patiently wait until the Pt Loma Sports Medicine’s lease expires in January 2027. At this point, a doctor would be able to take advantage of the intrinsic value that has been created at this location since the early 80s. The Seller would even be willing to provide financing to a qualified buyer with the following terms: 20% Down Payment, 3-5 Year Loan, Interest Only, and with an 8% Interest Rate (subject to Buyer’s credit worthiness). Alternatively, a medical practice could potentially obtain SBA Financing. A developer has an opportunity to collect rent for a couple of years while obtaining plans to redevelop the property into a mixed-use project. The property is located just blocks from Pechanga Arena. An investor has the opportunity to re-position the lease agreements as they are set to expire over the next 2 years.