Medical Office Space Under
For Sale
Contact for pricing
1332-1372 Concannon Blvd, Livermore, CA 94550
Creative medical and office space with retail and café options, plus patio potential, with building and landscape renovations underway.
Property Size1,750 SF
Price / SF$591.43
Days on Market849
Property Features for 1332-1372 Concannon Blvd
General Information
Standard status
Active
Size
1,750 SF
Property subtype
RETAIL
Amenities
walking trails
pediatric play area
multiple plazas
new high-speed internet
Listing Agency:
Lee & Associates | East Bay
(925) 460-6200
Listed By:
Mark Rinkle · License #01512632
(925) 876-8033
Source:
Moodyscre
Added: Jul 4, 2024
Changed: Oct 25
Last Checked: Oct 28 at 9:24AM
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
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Investment Insights
Based on property information with market context.
Creative medical, office, and retail space is available in the heart of South Livermore at 1332-1372 Concannon Blvd. The property is a medical office space offering suites in a variety of sizes, along with retail and café space where a patio potential is noted.
Complete building and landscape renovations are underway, and the site includes abundant amenities such as walking trails, a pediatric play area, and multiple plazas. New high-speed internet is also available.
The property totals 1,750 square feet, making it well suited for businesses seeking a creative work environment with both medical-office and retail/café components on-site.
Complete building and landscape renovations are underway, and the site includes abundant amenities such as walking trails, a pediatric play area, and multiple plazas. New high-speed internet is also available.
The property totals 1,750 square feet, making it well suited for businesses seeking a creative work environment with both medical-office and retail/café components on-site.
Key Highlights
- Building and landscape renovations underway
- 1,750 square feet total
- Medical and creative office space in a variety of sizes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,366
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,320
$707.3K
Cap Rate 7%
$505,229
$505.2K
Cap Rate 9%
$392,956
$393.0K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$63.2K $36.12/SF
− Vacancy
−$16.1K −$9.17/SF
EGI
$47.2K $26.95/SF
− OpEx
−$11.8K −$6.74/SF
NOI
$35.4K $20.21/SF
Area
Alameda County, CA
Vacancy
25.40%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,320
Cap Rate 7%
$505,229
Cap Rate 9%
$392,956
Alternative Uses
Best Use
Retail
$7.98M
$6.98M – $9.31M
NOI $558,471 @ 7.0% cap · market cap 53.96%
Second Best
Office B
$505.2K
$442.1K – $589.4K
NOI $35,366 @ 7.0% cap · market cap 3.42%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 94550, CA
49,959
Population
18,390
Households
2.7
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
272.0 sq mi
ZIP Area
184
Density / Sq Mi
$177,218
Median Household Income
$88,646
Median Earnings
$2,681
Median Rent
$1,146,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Creative medical and office space with retail and café options, plus patio potential, with building and landscape renovations underway.
Where is this medical office space located?
The property is located at 1332-1372 Concannon Blvd Livermore, CA.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: Building and landscape renovations underway; 1,750 square feet total; Medical and creative office space in a variety of sizes
