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    Dublin Office Building For Sale Title is generated by Realmo AI

    6850 Regional St, Dublin, CA

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    Office building with redevelopment potential near transit and downtown retail.

    Type:OFFICE
    Property size:
    21,000 SF
    Lot size:
    0.69 Acres
    Price / SF:
    $250/SF
    Added:
    Jul 16, 2024
    Days on Market:
    695
    Last Refresh:
    May 20 at 9:47 pm

    Property Features for 6850 Regional St

    General Information

    Standard status
    Active
    Size
    21,000 SF
    Lot size
    0.69 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 6850 Regional St Contact us

    We can help!

    Listing Contact
    Forrest Gherlone
    Forrest Gherlone

    Listing agent Will Ballowe License #01376723

    Listing office Newmark | Walnut Creek

    Listing date Jul 16, 2024

    Source Moodyscre

    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 Newmark | Walnut Creek

    HighLights

    • Immediate access to BART, I‑680, I‑580 and downtown retail
    • Redevelopment potential due to dense Downtown Dublin Specific Plan zoning
    • Owner/user opportunity with flexible space options (over 50% can be available)
    • Over 1,000 new multi‑family units nearby
    • Dublin has outstanding demographics with average household incomes exceeding $170,000
    • Elevator served and fully sprinklered

    Overview

    This office building offers an owner/user opportunity with flexible space options; over 50% of the space can be made available. The building is elevator served and fully sprinklered. It provides immediate access to BART, I-680, I-580, and downtown retail. Over 1,000 new multi-family units are located nearby. The property has redevelopment potential due to dense Downtown Dublin Specific Plan zoning. The property size is 21,000 square feet.

    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 $758.5k $36.12
    − Vacancy −$192.7k −$9.17
    EGI $565.9k $26.95
    − OpEx −$141.5k −$6.74
    NOI $424.4k $20.21
    21,000 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.06M
    $5.30M – $7.07M (±1% cap)
    NOI $424,392 @ 7.0% cap · market cap 8.08%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Retail
    $95.74M
    $83.77M – $111.69M (±1% cap)
    NOI $6,701,657 @ 7.0% cap · market cap 127.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Alameda
    State
    California
    Longitude
    -121.934
    Latitude
    37.7019

    FAQs

    What type of property is this?
    Office building - Office building with redevelopment potential near transit and downtown retail.
    Where is this office building located?
    The property is located at 6850 Regional St Dublin, CA.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: Immediate access to BART, I‑680, I‑580 and downtown retail; Redevelopment potential due to dense Downtown Dublin Specific Plan zoning; Owner/user opportunity with flexible space options (over 50% can be available)
    (925) 974-0100 Call to check price and availability
    More about this property
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