Walnut Creek Medical Building
3,250 SF | 100% Leased | Office Building | Walnut Creek, CA 94596 | $2,730,000 ($840/SF) | 3.46% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,730,000
- Property Type
-
Office
- Square Feet
- 3,250 SF
- Price / Square Foot
- $840
Listing Contacts
Will Ballowe
Verified Profile
- Property Info
Property Overview
Located at 1402-1414 Maria Lane in Downtown Walnut Creek, this property offers a unique opportunity in one of the nation's fastest growing suburbs.
The single-story building accommodates three tenants (two of which are currently leased), providing a stable income stream. Prospective
buyers have the option to occupy a portion of the building, enhancing its appeal to both investors and business owners. The property is situated in a prime downtown location, ensuring high visibility and accessibility. Walnut Creek's thriving community and robust economic growth make this an attractive investment. The building's flexible layout allows for diverse usage, from retail to office space. Ample parking and proximity to public transit add to its convenience. This listing represents a rare chance to secure a foothold in a dynamic and prosperous area.
The single-story building accommodates three tenants (two of which are currently leased), providing a stable income stream. Prospective
buyers have the option to occupy a portion of the building, enhancing its appeal to both investors and business owners. The property is situated in a prime downtown location, ensuring high visibility and accessibility. Walnut Creek's thriving community and robust economic growth make this an attractive investment. The building's flexible layout allows for diverse usage, from retail to office space. Ample parking and proximity to public transit add to its convenience. This listing represents a rare chance to secure a foothold in a dynamic and prosperous area.
Property Details
- Class
- C
- Year Built/Renovated
- 1954/1981
- Stories
- 1
- Property Subtype
- Medical, Freestanding, Storefront, Storefront Retail/Office
- Lot Size (sq. ft)
- 4,792 SF
Highlights
- Close proximity to clients and patients.
- Owning the property allows medical buyers to build equity over time, providing a financial asset that can appreciate & contribute to long-term wealth.
- Owning the property gives medical buyers more control over maintenance, improvements, and overall facility management.
- Property ownership can provide various tax advantages, such as deductions for mortgage interest, property taxes, & potential depreciation benefits.
- Occupying part of the property allows medical buyers to customize the space to meet their specific needs and standards.
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