Freestanding Income-Generating Office
For Sale
Contact for pricing
300 H St, Antioch, CA 94509
Freestanding office building is 100% leased and includes a condo map for seven separate parcels.
Property Size10,000 SF
Price / SF$189.90
Days on Market820
Property Features for 300 H St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
OFFICE
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Lee & Associates | Walnut Creek
(925) 239-1430
Listed By:
Brian Slocum, SIOR, CCIM
(925) 984-6989
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Oct 25
Last Checked: Oct 26 at 6:48PM
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 | Walnut Creek
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building is presented as a high-quality investor asset with income in place and 100% leased occupancy. The property is offered for sale with a condo map for seven (7) separate parcels, allowing for subdivision into multiple condo units.
The offering is located at 300 H St in Antioch, California.
Overall, the building’s key commercial feature is its freestanding structure and the ability to be managed as seven separate parcels under the provided condo map.
The offering is located at 300 H St in Antioch, California.
Overall, the building’s key commercial feature is its freestanding structure and the ability to be managed as seven separate parcels under the provided condo map.
Key Highlights
- Freestanding office building is 100% leased
- Condo map provides seven (7) separate parcels for the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,190
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,863,800
$2.9M
Cap Rate 7%
$2,045,571
$2.0M
Cap Rate 9%
$1,591,000
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$258.0K $25.80/SF
− Vacancy
−$67.1K −$6.71/SF
EGI
$190.9K $19.09/SF
− OpEx
−$47.7K −$4.77/SF
NOI
$143.2K $14.32/SF
Area
Antioch, CA
Vacancy
26.00%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,863,800
Cap Rate 7%
$2,045,571
Cap Rate 9%
$1,591,000
Alternative Uses
Best Use
Office B
$2.05M
$1.79M – $2.39M
NOI $143,190 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $212,040 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 94509, CA
69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building is 100% leased and includes a condo map for seven separate parcels.
Where is this office building located?
The property is located at 300 H St Antioch, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Freestanding office building is 100% leased; Condo map provides seven (7) separate parcels for the property
