116 Washington Ave Richmond, CA 94801
4,850 SqFt office space available in Richmond, California.
Property Features for 116 Washington Ave
General Information
- Standard status
- Active
- Size
- 4,850 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing office PAcWest CRE Group
Listing date Feb 27, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of PAcWest CRE Group
Investment Insights
Based on property information with market context.
Key Highlights
- Office space available
- 4,850 SqFt of space
- Built in 1991
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.0k | $19.80 |
| − Vacancy | −$15.8k | −$3.27 |
| EGI | $80.2k | $16.53 |
| − OpEx | −$20.0k | −$4.13 |
| NOI | $60.1k | $12.40 |
Alternative Uses
Property Analytics
Current Use by Public Records
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