3220 Blume Dr - Office FOR SALE


Richmond, CA 94806
$7,750,000 USD
925-818-4267
3220 Blume Dr, Richmond, CA for Sale
$7,750,000 USD
Office - FOR SALE
1/13
null | 8.57% Cap Rate

3220 Blume Dr
Richmond, CA 94806


OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale 3220 Blume Drive, a 45,010 square foot multi-tenant office building in Richmond, California. The property is anchored by an investment-grade government tenant- the County of Contra Costa. The County recently executed a new 10-year lease on the building's largest suite (suite 250, 11,846 SF- roughly 26% of the building). Commencing July 26, this signed lease coupled with another recent lease at suite 160 brings the property to approximately 98% leased and establishes a durable, credit-anchored income. Please contact the listing agent for more information.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

8.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plaza One

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

C3, Richmond

APN/PARCEL ID

405-290-062-0

ASK ABOUT THIS PROPERTY

Evan RoseMarcus & MillichapMore Info
925-818-4267

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Evan RoseMarcus & MillichapMore Info
925-818-4267

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