600 Alfred Nobel Dr - Office FOR SALE


Hercules, CA 94547
$4,225,000 USD
925-974-0237
600 Alfred Nobel Dr, Hercules, CA for Sale
$4,225,000 USD
Office - FOR SALE
1/8
null | 6.27% Cap Rate

600 Alfred Nobel Dr
Hercules, CA 94547


HIGHLIGHTS

  • 10-year lease with Chahal & Associates, LLC – in business over 22 years, founded 2003
  • Low-management modified net lease – tenant pays all operating costs directly except property tax, which is reimbursed
  • Tenant invested approximately $1,200,000 in high-quality custom improvements during 2020 full remodel
  • Two five-year renewal options with 2% annual increases
  • 14 covered parking stalls in gated lot below building with additional shared parking via reciprocal agreement
  • Central location with easy freeway access to I-80, Highway 4, and I-680; walkable amenities nearby

OVERVIEW

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire 600 Alfred Nobel Drive (the “Property”), an approximately 11,061 square foot freestanding two-story office condominium in Hercules, California. The Property is 100% leased on a modified net basis to Chahal & Associates, LLC through April 3, 2035. The lease is guaranteed by Earned Wealth Holdings, L.P., a PE-backed financial services firm serving nearly 19,500 clients with approximately $3.4 billion in assets under management. Earned Wealth Holdings acquired Chahal & Associates in April 2025 and has since raised over $200 million in growth equity from Summit Partners and Silversmith Capital Partners. The guarantor’s institutional backing provides meaningful credit enhancement to the lease obligation. The tenant invested approximately $1,200,000 in high-quality interior improvements in 2020, reflecting a deep commitment to this location. The building includes an elevator, fire sprinklers, ample parking including 14 covered stalls in a gated lot below the building, and is centrally located with convenient access to Interstate 80, Highway 4, and Interstate 680.

FOR SALE DETAILS

PRICE

$4,225,000 USD

PRICE/SF

$382 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hercules Business Center II

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

M, Hercules

APN/PARCEL ID

404-720-013-6

ASK ABOUT THIS PROPERTY

Forrest GherloneNewmarkMore Info
925-974-0237

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Forrest GherloneNewmarkMore Info
925-974-0237

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