Road to the Cure

A mixed-use property in San Diego, California. Securitized in 1 CMBS deal in 2025.

$73.1MAppraised value (latest deal)
100.0%Occupancy
$5.1MUnderwritten NOI
7.0%Implied cap rate
Address
10835 Road To The Cure, San Diego, CA 92121
Property type
Mixed Use · Lab / Office
Year built
1978
Size
67,998 SF
Sponsor
BRE Edison L.P.
Loan purpose
Refinance
Largest tenant
Aspen Neuroscience

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2025-5C92025-03-20$73.1M100.0%$5.1M7.0%$1.3M41.1%2.23x424B

Historical NOI reported in BMO 2025-5C9

Period endingNOI
11/30/2024$4.8M
12/31/2023$4.7M
12/31/2022$3.1M

More CMBS properties in California →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.