Medical / Surgery - Office Building 303 Santa Fe Dr

Unique Opportunity in a Prime Medical Corridor in the North coastal community of West Encinitas.
This exceptional fully equipped surgery center and medical office building with multiple usage possibilities, presents a golden long-term opportunity in a premium location which cannot be replicated. Strategically positioned adjacent to the renowned Scripps Encinitas Hospital and Medical Campus, currently in a 263,000,000 expansion project (which will further enhance surrounding property values). Very limited off campus medical office space in this area. Property boasts a prime, traffic rich, high-profile location, ensuring unparalleled visibility and accessibility for your practice or investment. Open flyer for best view of photos.
Owner-User Potential with high visibility positioning
This dynamic property could allow you to seamlessly transition into your dream medical facility while benefiting from the revenue generated by the current tenant, Sovereign Healthcare, (lease with options runs through May 2033 with 3% annual increases). The remaining area is currently utilized by the owner-occupant, open to leasing back for 5 years, provides you with multiple options, flexibility, and additional income potential. Performa NOI = 225,615 with a seller leaseback of current space.
Formidable Barriers to Entry
Limited new development in Encinitas, (West of I-5), creates significant barriers to entry, ensuring long-term growth prospects for the property.
Attractive Demographics
The property benefits from affluent demographics, with median home values exceeding $1 million.

Architectural Masterpiece Inspired by Feng Shui
Meticulously designed with Feng Shui principles in mind, this high-quality architectural gem exudes a harmonious and welcoming ambiance. The well-thought-out floor plan spans 2,680 square feet, with the main reception rooms strategically positioned on either side, ensuring optimal flow and organization. Shared spaces further enhance the collaborative environment, fostering a sense of community among medical professionals.
High Tech Amenities and Exceptional Construction
Boasting high-quality construction and high tech amenities, this property offers:
14+ dedicated parking spaces with elevator access, ensuring convenience for patients and staff
An instant on commercial backup generator system, ensuring uninterrupted operations
A seller-owned rooftop solar system, contributing to energy efficiency and cost savings
Unmatched Exposure and Growth Potential
With its dynamic exposure possibilities and prime location in the heart of West Encinitas, this property presents unparalleled growth potential for your medical practice or investment portfolio. Seize this rare opportunity to secure a prestigious address and elevate your brand's visibility in one of the most sought-after medical corridors in the region. Don't miss this chance to own a piece of medical real estate perfection this exceptional property has to offer. Location, Location, Location.
Tenant Profile - SOVERIEGN
Sovereign Healthcare is a group of seasoned healthcare professionals formed in 2003 that partners with select physician specialists and health systems to develop and execute strategic plans for the next phase of healthcare. They provide advanced guidance, planning, and best-in-the-industry operations capabilities to empower their partners in shaping their futures for the benefit of patients and communities. Sovereign Healthcare offers healthcare management services for various healthcare facilities such as ambulatory surgery centers, physician clinics, imaging centers, and other ancillary businesses, as well as research, education activities, and fundraising. Their core values are integrity, trust, respect, leadership, partnership, and results.

Contact Norm Berg for additional details.