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SAN DIEGO NEWS
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GK Dermatology and Med Spa Buys 10k sf Retail Building in San Diego

10/16/23

GK Dermatology and Med Spa acquired a 10k sf, freestanding retail building in San Diego for $5.25 mil ($525/sf). GK Dermatology and Med Spa will use the building, located at 4606 Mission Bay Dr, for its dermatology and med spa practice.

4606 Mission Bay Drive is ideally located in the coastal community of Mission Bay with immediate access to Interstate 5. The property features adjacent lot used for expanded parking and has excellent street frontage.

JLL’s Chris Baumgart, Steven Field and Bryan Cunningham represented the seller, SMP Realty LLC, a local sewing machine business who will continue to operate out of their other San Diego locations. The buyer was repped by Ron Graves of Coldwell Banker Commercial.

"The sale reflects continued demand we see in the “owner-user” ’market here in San Diego, where the cost to own is generally more favorable compared to leasing,” said Baumgart. “4606 Mission Bay Drive provides the buyer with a good retail location and access to the coastal communities in Pacific Beach and Mission Bay.





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