6,300 SQFT Medical Office Building in Carlsbad Sells for $4.7MM

August 3, 2021 (SAN DIEGO, CA) – Lee & Associates, a leader in commercial real estate services throughout North America, announces the sale of a 6,300-square-foot, Class A medical office building at 2010 Cassia Road in Carlsbad, CA for $4.7 million, or $746/SF. 

James Bengala, Alex Gudim, and Selina Sounakhene of the CORE Office Group at Lee & Associates North San Diego County represented the seller.  

The building which completed construction in 2007 is situated at the signalized intersection of El Camino Real & Cassia Road and is highly recognized as a landmark to the local community. Surrounded by North County’s affluent communities of Carlsbad, Encinitas, Vista, and San Marcos, the building sits minutes away from Bressi Ranch Village, a 116,403-square-foot retail/office center, that is home to a unique blend of shops, services, restaurants, and eateries. 

The sale set a new price-per-square-foot high-water mark for medical/office buildings in North County San Diego in the 5,000 SF – 40,000 SF range.

ABOUT LEE & ASSOCIATES

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout North America. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information.