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Investment Highlights

  • Medical office condo investment opportunity for 790-4,355 SF of modern, amenity-rich space, to support today’s medical practices & long-term success.
  • Indulge in professional design, modernized common areas, and enhanced building systems to deliver a high-quality environment.
  • Ongoing capital improvements, like exterior upgrades, refreshed entries, and efficient infrastructure for a contemporary, patient-friendly setting.
  • RB Medical Plaza offers a central Rancho Bernardo location with excellent visibility and accessibility along I-15 connecting to SR 56.
  • Close to North County's medical growth, with nearby healthcare systems such as UC San Diego, Kaiser Permanente, Palomar Health, Scripps, and Tri-City.

Executive Summary

Colliers International has been retained on an exclusive basis to sell RB Medical Plaza, the premier medical office condominium project in Rancho Bernardo, California. A prominently located medical office building, the property is currently in the process of being condo-mapped, with impending capital improvements planned, and occupied by a diverse mix of healthcare and professional services tenants. This 78,872-square-foot property is situated on 3.05 acres in the Rancho Bernardo submarket. Built in 1984 and recently upgraded, the four-story building features steel-frame construction, two elevators, a landscaped central courtyard, above-standard parking, and upgraded common areas and restrooms. With its freeway-fronting visibility along Interstate 15 and amenity-rich design, RB Medical Plaza represents a premier medical office opportunity with both stable in-place tenancy and significant lease-up potential. Rancho Bernardo serves as the gateway to both North and Central San Diego, offering a premier location for healthcare growth. The submarket is home to strong healthcare demographics and anchored by leading health systems, creating a highly cohesive, all-healthcare environment. With established health systems expanding across North County and increasing demand for outpatient medical space, this market presents a rare opportunity for a healthcare practice to grow, thrive, and position itself alongside some of the region’s most prominent providers.

Property Facts

Total Building Size 75,598 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 4
Typical Floor Size 18,900 SF
Year Built 1984
Lot Size 3.05 AC
Parking Ratio 0.53/1,000 SF
Zoning C - Commercial

Amenities

  • Conferencing Facility
  • Courtyard
  • Signage

22 Units Available

Unit 1

Unit Size 4,266 SF
Price $3,611,570 CAD
Price Per SF $846.59 CAD
Condo Use Medical
Sale Type Investment
Cap Rate 6.00%
NOI $216,694.25 CAD
APN/Parcel ID 274-781-21-00

Unit 3

Unit Size 7,958 SF
Price $6,817,967 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 9

Unit Size 1,165 SF
Price $998,106 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 10

Unit Size 859 SF
Price $735,943 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 11

Unit Size 790 SF
Price $676,828 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 12

Unit Size 887 SF
Price $759,932 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 13

Unit Size 1,169 SF
Price $1,001,533 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 14

Unit Size 1,267 SF
Price $1,085,494 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 20

Unit Size 7,146 SF
Price $6,367,182 CAD
Price Per SF $891.01 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 22

Unit Size 3,348 SF
Price $2,897,647 CAD
Price Per SF $865.49 CAD
Condo Use Medical
Sale Type Investment
Cap Rate 6.00%
NOI $173,858.83 CAD

Unit 23

Unit Size 1,768 SF
Price $1,514,723 CAD
Price Per SF $856.74 CAD
Condo Use Medical
Sale Type Owner User

Unit 16

Unit Size 1,282 SF
Price $1,098,345 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 19

Unit Size 1,274 SF
Price $1,091,492 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 26

Unit Size 1,601 SF
Price $1,371,647 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 27

Unit Size 1,133 SF
Price $970,691 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 29

Unit Size 1,529 SF
Price $1,309,961 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 30

Unit Size 1,745 SF
Price $1,495,018 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 31

Unit Size 2,676 SF
Price $2,292,646 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 33

Unit Size 1,481 SF
Price $1,268,837 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 34

Unit Size 1,098 SF
Price $940,705 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 38

Unit Size 906 SF
Price $776,210 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User

Unit 39

Unit Size 906 SF
Price $776,210 CAD
Price Per SF $856.74 CAD
Condo Use Office/Medical
Sale Type Owner User
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
12,957
85,485
163,563
2024 Population
12,886
85,102
163,341
Population Growth '20-'24
-0.6%
-0.4%
-0.1%
2020 Households
5,242
31,507
58,685
2024 Households
5,220
31,237
58,349
Household Growth '20-'24
-0.4%
-0.9%
-0.6%
Average Age
47
43
42
Median Household Income
$132,348
$153,327
$153,203
Daytime Employees
14,970
42,637
62,281
Total Businesses
2,168
5,188
7,880
College Degree + Higher
57%
62%
59%
$ values in USD
  • Listing ID: 38778954

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: 11770 Bernardo Plaza Ct, San Diego, CA 92128

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