GK Dermatology and Med Spa has recently purchased a 10,000-square-foot retail building in San Diego for $5.25 million. The property, located at 4606 Mission Bay Dr., will serve as the new location for their dermatology and med spa practice.
The transaction was facilitated by JLL’s Chris Baumgart, Steven Field, and Bryan Cunningham who represented the seller SMP Realty LLC. On the other hand, Ron Graves of Coldwell Banker Commercial represented the buyer.
According to Baumgart, this sale is indicative of the strong demand in San Diego’s “Owner-User” market where owning a property is often more cost-effective than leasing one. He also noted that 4606 Mission Bay Dr.’s prime location provides easy access to Pacific Beach and Mission Bay communities.
This recent acquisition marks an exciting expansion for GK Dermatology and Med Spa as they continue to grow their business in Southern California.
