Historical Downtown Concord Office
For Sale
Contact for pricing
2001 Salvio St, Concord, CA
14,950 SF office building in downtown Concord, California.
Property Size14,950 SF
Lot Size0.23 Acres
Price / SF$294.31
Days on Market812
Property Features for 2001 Salvio St
General Information
Standard status
Active
Size
14,950 SF
Lot size
0.23 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Walnut Creek
(925) 202-9175
Listed By:
Ray Devlin · License #01199417
(925) 202-9175
Source:
Moodyscre
Added: May 13, 2024
Changed: Jul 6
Last Checked: Jul 21 at 3:58AM
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 Colliers | Walnut Creek
Investment Insights
Based on property information with market context.
This is a historical office building constructed in 1911, located in downtown Concord, California. The property has a downtown commercial zoning. The building offers good signage and is currently fully occupied with long-term, stable tenants. The Todos Santos Parking Center, providing 432 spaces, is within a one-minute walk, along with multiple other amenities. The property's size is 14,950 square feet.
Key Highlights
- No Vacancy, ensuring immediate income.
- Long term, stable tenants offer peace of mind.
- Multiple amenities within a one‑minute walk.
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 | $224.3k | $15.00 |
| − Vacancy | −$35.9k | −$2.40 |
| EGI | $188.4k | $12.60 |
| − OpEx | −$47.1k | −$3.15 |
| NOI | $141.3k | $9.45 |
14,950 SF · lease $15.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.02M
$1.77M – $2.35M
NOI $141,278 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.66M
$3.20M – $4.27M
NOI $255,957 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 14,950 SF office building in downtown Concord, California.
Where is this office building located?
The property is located at 2001 Salvio St Concord, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: No Vacancy, ensuring immediate income.; Long term, stable tenants offer peace of mind.; Multiple amenities within a one‑minute walk.
