29955 Technology Dr Unit C111 Dr, Murrieta

Closed Sale: 29955 Technology Dr, Suite C111 | Murrieta, CA

Seaway Commercial Real Estate Advisors successfully brokered the off-market sale of 29955 Technology Dr, Suite C111, a 3,059 SF medical office condo in Murrieta’s Inland Empire South submarket. The property closed for $1,000,000, structured as a six-month lease with an option to purchase, with all lease payments credited toward the final sale price—an arrangement crafted entirely by our firm.

The space was vacant at acquisition and tailored for medical use, featuring a waiting area, exam rooms, doctor’s office, x-ray, and private patient spaces. The buyer, DermaVogue LLC, was previously leasing nearby and took advantage of the off-market opportunity to expand into ownership with an SBA loan through Pacific Premier Bank, facilitated by our team.

Deal Summary

• Buyer: DermaVogue LLC (Owner-User)

• Seller: Kimes Family

• Sale Price: $1,000,000

• Closed Price PSF: $315

• Building Size: 3,059 SF

• Asset Type: Medical Office

• Zoning: LI

• Year Built: 2007

• Closing Date: Q2 2025

• Status at Sale: Vacant

Strategic Positioning

We represented both parties in dual agency, managing every stage—from lease structuring and purchase negotiation to bank financing and escrow coordination. This creative lease-to-own strategy allowed the buyer to secure the location and roll significant tenant improvements into their SBA financing.

Brokerage Advantage

Seaway CRE Advisors handled the full scope:
✔ Lease and purchase structuring
✔ SBA financing with Pacific Premier Bank
✔ Escrow coordination with competitive fee options
✔ Dual representation with clear alignment

The result: A frictionless close, a satisfied seller, and an expanding medical spa now building out their flagship location.