Flex Office and
For Sale
Contact for pricing
4749 Bennett Dr, Livermore, CA 94551
Flex layout includes reception, private offices, and a warehouse with a 10x10 rollup truck door.
Property Size4,240 SF
Price / SF$315
Days on Market756
Property Features for 4749 Bennett Dr
General Information
Standard status
Active
Size
4,240 SF
Property subtype
INDUSTRIAL
Additional Details
Sprinkler System
Yes
Listing Agency:
Lee & Associates | East Bay
(925) 788-2016
Listed By:
Bob Kumnick · License #00883982
(925) 788-2016
Source:
Moodyscre
Added: Jul 5, 2024
Changed: Jul 26
Last Checked: Jul 29 at 12:27PM
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 Lee & Associates | East Bay
Investment Insights
Based on property information with market context.
This flex property combines office and warehouse space. The office area includes a reception area, two private offices, and a storage room with a small sink/counter area. The warehouse offers good lighting and ceiling insulation, along with one 10x10-foot rollup truck door.
The building includes an upgraded fire sprinkler system, designated as “Class A” High Pile Storage for combustible material.
The building includes an upgraded fire sprinkler system, designated as “Class A” High Pile Storage for combustible material.
Key Highlights
- Flex layout with reception, two private offices, and a storage room with small sink/counter area
- Warehouse includes good lighting and ceiling insulation
- Warehouse features a 10x10 ft rollup truck door
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 | $153.1k | $36.12 |
| − Vacancy | −$38.9k | −$9.17 |
| EGI | $114.2k | $26.95 |
| − OpEx | −$28.6k | −$6.74 |
| NOI | $85.7k | $20.21 |
4,240 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,687 @ 7.0% cap · market cap 6.42%
Second Best
Warehouse
$924.3K
$808.7K – $1.08M
NOI $64,699 @ 7.0% cap · market cap 4.84%
Theoretical Best
Retail
$19.33M
$16.91M – $22.55M
NOI $1,353,096 @ 7.0% cap · market cap 101.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94551, CA
40,358
Population
14,475
Households
2.8
Avg Household Size
38
Median Age
44%
College-Educated
92%
High-School Grad
82.7 sq mi
ZIP Area
488
Density / Sq Mi
$130,705
Median Household Income
$67,591
Median Earnings
$2,589
Median Rent
$931,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Smoked Seduction BBQ Supply & Catering — 3989 First St UNIT C, Livermore, CA 94551
Frequently Asked Questions
What type of property is this?
Flex space - Flex layout includes reception, private offices, and a warehouse with a 10x10 rollup truck door.
Where is this flex space located?
The property is located at 4749 Bennett Dr Livermore, CA.
What is the asking price?
The asking price for this property is $1,335,600.
What are key features of this property?
This property features: Flex layout with reception, two private offices, and a storage room with small sink/counter area; Warehouse includes good lighting and ceiling insulation; Warehouse features a 10x10 ft rollup truck door
