July 29, 2021 (San Diego, CA) - Lee & Associates – North County San Diego announces the sale of 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 – NCSD represented the seller.

The building which completed construction in 2007 is situated at the signalized intersection of El Camino Real & Cassia Rd 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 $/SqFt high-water mark for medical/office buildings in North County San Diego in the 5,000-40,000 SF range.

James Bengala

Alex Gudim

Selina Sounakhene

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Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.