Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1892-1978 Contra Costa Blvd Pleasant Hill, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available in grocery-anchored neighborhood center.

    Type:RETAIL
    Property size:
    1,631 SF
    Lot size:
    11.14 Acres
    Added:
    Sep 13, 2024
    Days on Market:
    593
    Last Refresh:
    Apr 5 at 9:07 pm

    Property Features for 1892-1978 Contra Costa Blvd

    General Information

    Standard status
    Active
    Size
    1,631 SF
    Lot size
    11.14 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1892-1978 Contra Costa Blvd Contact us

    We can help!

    Listing Contact
    Adria Giacomelli
    Adria Giacomelli

    Listing agent Adria Giacomelli

    Listing office Lockehouse Retail Group

    Listing date Sep 13, 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 Lockehouse Retail Group

    Overview

    Office Space in Pleasant Hill

    This office space is located within a grocery-anchored neighborhood center, which encompasses approximately 104,000 square feet. The property benefits from high visibility and exposure along Contra Costa Boulevard. The location features a complementary tenant mix of daily needs and services. Situated at a four-way signalized intersection, the property experiences substantial traffic flow, with an average daily traffic count of 54,334 at the intersection leading to Pleasant Hill Plaza Shopping Center. The surrounding area has a strong daytime population of 131,630 within a 3-mile radius. The available office space is 1,631 square feet. Please note that the interior office space does not have signage facing the parking lot and there is no water in the premises. Common area restrooms are located down the hall.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Hill
    County
    Contra Costa
    State
    California
    Longitude
    -122.06
    Latitude
    37.9498

    Nearby Similar for Lease

    • Contact for pricing

      Pleasant Hill Retail/Restaurant Space

      Second generation restaurant space in a busy Pleasant Hill center.
      2001 Contra Costa Boulevard, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing

      Pleasant Hill Restaurant/Retail Space

      Second generation restaurant/retail space in a busy Pleasant Hill center.
      2001 Contra Costa Boulevard, Pleasant Hill, CA 94523
      View Details
    • $3 SF/Yr

      Neighborhood Strip Center For Lease

      Neighborhood strip center in Pleasant Hill with strong co-tenancy.
      2638-2642 Pleasant Hill Rd, Pleasant Hill, CA
      View Details
    • $2 SF/Yr

      Pleasant Hill Garden Style Office

      Two-story office park with short-term leases near I-680.
      140 Mayhew Way, Pleasant Hill, CA
      View Details
    • $2 SF/Yr

      Office Space Near Highway 680

      Office space near Highway 680 and Pleasant Hill BART.
      3496 Buskirk Ave, Pleasant Hill, CA
      View Details
    • $2,800/Mo

      Versatile Commercial Condo in Pleasant Hill

      Commercial condo with prime location, versatile space, and luxurious amenities.
      Gregory Lane, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing

      Pleasant Hill Office Space

      Office space available for lease in Pleasant Hill, CA.
      400 Taylor Blvd, Pleasant Hill, CA 94523
      View Details
    • $2 SF/Yr

      Renovated Office Suite For Rent

      Newly renovated office suite with elevator access and ample parking.
      401 Gregory Ln, Pleasant Hill, CA
      View Details
    • $2 SF/Yr

      Downtown Pleasant Hill Office Space

      Office space in downtown Pleasant Hill with free on-site parking.
      140 Gregory Ln, Pleasant Hill, CA
      View Details
    • Contact for pricing

      Retail Space in Pleasant Hill

      Grocery-anchored retail space available in high-traffic Pleasant Hill center.
      1601-1699 Contra Costa Blvd, Pleasant Hill, CA
      View Details
    • Contact for pricing

      Retail Space in Pleasant Hill

      Retail space available in a community retail destination.
      65 Crescent Dr, Pleasant Hill, CA
      View Details
    • Contact for pricing

      Retail Space in Pleasant Hill

      Retail space available in a community retail destination.
      35 Crescent Dr, Pleasant Hill, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in grocery-anchored neighborhood center.
    Where is this office units located?
    The property is located at 1892-1978 Contra Costa Blvd Pleasant Hill, CA.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: ±104,000 sf proven grocery‑anchored neighborhood center; Great visibility and exposure along Contra Costa Boulevard; Strong daytime population of 131,630 within 3‑mile radius
    (650) 692-3400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adria Giacomelli
    Adria Giacomelli
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!