Construction is complete on a new multi-tenant medical office building in Encinitas. Located at 777 N. El Camino Real, the facility represents the first speculative medical office building constructed in 15 years in Encinitas, according to a news release.
Totaling approximately 12,200 square feet, the new modern waterfront building can accommodate several suites on two floors and is being developed by Manna Development Group.
Cushman & Wakefield’s Peter Curry, Brooks Campbell and Owen Curry led the leasing effort for the property.
“777 N. El Camino Real is an important Class A property to help support the community and rising medical demand in the area, with very limited medical space available,” said Peter Curry in a news release. “It’s also an attractive, high-quality property that’s easily accessible for tenants and patients from several major arteries, including the main thoroughfare of El Camino Real.”
The two-story medical office building property includes space for on-site parking, both in front of the building and in the parking garage.
According to Peter Curry, San Diego remains a sought-after market for medical services and growth is expected to continue in demand for several years to come. Per Cushman & Wakefield mid-year 2022 market report, San Diego general medical office vacancy stands at 6% nationwide. North County’s submarket vacancy, which includes Encinitas, was 6.9%.
To learn more, visit cushmanwakefield.com
