Panfili Building
12,570 SF | 100% Leased | Office Building | Lafayette, CA 94549 | For Sale
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Office
- Square Feet
- 12,570 SF
Listing Contacts
Chris Baker
Verified Profile
- Property Info
Property Overview
The Panfili Building was developed in 1982 by Sonny and Diane Panfili. The Panfili family is of local fame as the family who ran the Crab Shack and the Lafayette Seafood Grotto both of which were highly revered Lafayette restaurant institutions. The Panfili Building has been held in the same family since it was developed so this is the first time there has ever been an opportunity to acquire this coveted asset. Situated in the heart of Lafayette’s downtown retail district the Panfili Building is occupied by five (5) medical tenants and one (1) professional office tenant. The building also has two (2) residential apartment units. The building has a long-standing history of stable occupancy as tenant turnover has been a rare occurrence. The Panfili Building is considered Lafayette’s premier medical office building (“MOB”) due to its architecture, size, parking, location and quality of tenants. The residential units are also in high demand for the lucky few that can call this ideal location home. The medical/professional tenants are all on NNN leases and have well-established practices. This a rare opportunity for an investor seeking a reliable stabilized MOB/Multi-Family asset in the highly desired town of Lafayette that will provide consistent cash flow with the potential for future income growth.
Property Details
- Class
- B
- Year Built
- 1982
- Stories
- 3
- Property Subtype
- Medical, Office/Residential
- Lot Size (sq. ft)
- 21,780 SF
Highlights
- 3 story stand-alone elevator served Medical Office Building with two (2) residential apartment units
- BOMA square footage - 12,570 RSF
- Developed and owned by the same family since 1982
- 100% occupied by eight (8) tenants including the two (2) apartment units
- Lafayette's premier Medical Office Building with well-established medical practices
- Located in the heart of Lafayette's downtown retail pedestrian district with easy access to amenities, BART, and HWY 24
Nearby Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].