1402-1414 Maria Ln - Medical FOR SALE


Walnut Creek, CA 94596- Downtown Walnut Creek
$2,650,000 USD
925-627-2888
1402-1414 Maria Ln, Walnut Creek, CA for Sale
$2,650,000 USD
Medical - FOR SALE
1/22
null | Request Cap Rate

1402-1414 Maria Ln
Walnut Creek, CA 94596
Downtown Walnut Creek


HIGHLIGHTS

  • Single-story, stand alone, multi-tenant commercial building
  • Excellent owner-user opportunity
  • High visibility off Newell Avenue & ample on-site parking
  • Well-maintained and constructed building
  • Exterior building signage
  • Prime downtown location adjacent to Broadway Plaza

OVERVIEW

1402-1414 Maria Lane is a single story stand-alone multi-tenant building which is occupied by two (2) medical tenants on short-term month to month leases with a third unit that is vacant. The short-term leases and vacancy create an excellent acquisition opportunity for an owner-user who wants to occupy all or a portion of the building. It is a rare to see an opportunity to acquire a building of this size with ample parking that is adjacent to Broadway Plaza and all the abundant restaurant and retail amenities in the coveted downtown Walnut Creek submarket. The building has thirteen (13) parking stalls of which ten (10) are immediately adjacent to the building and three (3) are designated reserved stalls on a neighboring parcel. The building contains exterior building signage visible off Newell Avenue which sees an average daily traffic count of 22,300 cars. This property has been well maintained and cared for as is evidenced by its clean and desirable curb appeal. The building and the parking lot are situated on separate legal parcels.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$883 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-R

APN/PARCEL ID

183-030-025-5,183-030-026-3

ASK ABOUT THIS PROPERTY

Chris BakerCushman & WakefieldMore Info
925-627-2888

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Chris BakerCushman & WakefieldMore Info
925-627-2888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.