La Mesa Medical Office Building Sold for $8.4 M

Pacific Coast Commercial
Dec 1, 2022
1 min read

8530 La Mesa Blvd., La Mesa, CA 91942

After many years of 100% occupancy the property had 3 major tenants move out of the building in a short period of time. The Sellers agents, Brian Crepeau and Ken Robak, provided the Seller with the options of releasing the building or selling as an “Owner / User” or “Investment” opportunity. The result was 4 offers from Owner / Users with the winning offer at full asking from Family Health Care Centers of San Diego, Inc.

REPRESENTATION

Seller Representation:

Company Name: Pacific Coast Commercial

Broker Rep: Brian Crepeau & Ken Robak

Buyer Representation:

Company Name: Jones Lang LaSalle

Broker Rep: Kelly Moriarty & Chris Ross

SALE DETAILS

Property Type: Medical Office Building

Square Footage: 25,916

Sale Price: $8,422,700

Close of Escrow Date: 11/15/22