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

    2355 Whitman Rd Concord, CA 94518

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.60 SF/Yr

    Commercial units D & E available for lease.

    Type:Industrial
    Added:
    Mar 6, 2026
    Days on Market:
    42
    Last Refresh:
    Apr 5 at 9:56 pm

    Property Features for 2355 Whitman Rd

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1976

    Spaces For Lease

    at 2355 Whitman Rd Contact us

    We can help!

    Listing Contact
    Dan Moylan
    Dan Moylan

    Listing agent Dan Moylan

    Listing office Lee & Associates | Walnut Creek

    Listing date Mar 6, 2026

    Source Lee-associates

    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

    Overview

    Commercial Units For Lease

    Units D & E are available for lease at this commercial property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sobotka Air Systems Hardware & Home Improvement Apartment Renovation Specialists General Contractor Factory Entertainment Inc Nightclub Phoenix Enterprises Charitable Organization Jeh Fur Services. Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.031
    Latitude
    37.9519

    Nearby Similar for Lease

    • Contact for pricing

      Willow Pass Road

      1320 Willow Pass Rd, Unit 600, Concord, CA 94520
      View Details
    • $1.50/mo

      Fully Equipped Commercial Kitchen Space

      Commercial kitchen space for caterers, food trucks, and start-ups.
      1050 Burnett Ave, Concord, CA 94520
      View Details
    • $1.50/mo

      Equipped Commercial Kitchen For Lease

      Fully equipped commercial kitchen, perfect for various food businesses.
      1050 Burnett Ave, Concord, CA 94520
      View Details
    • $1.95/mo

      Retail Space in Concord Plaza

      Retail space for lease in Concord's cultural and commercial center.
      2151 Salvio St, Concord, CA 94520
      View Details
    • $1.65/mo

      Concord Warehouse Office Units Available

      Warehouse office units for lease in Concord, California.
      2344 Stanwell Drive, Concord, CA 94520
      View Details
    • $19/mo

      Concord Flex Space Available

      Flex space with offices, high power, and ample parking.
      4020 Pike Ln, Concord, CA
      View Details
    • $1.25/mo

      Concord Office Suites For Rent

      Newly renovated office suites with highway access and nearby amenities.
      5135-5141 Port Chicago Highway, Concord, CA 94520
      View Details
    • $2.00/mo

      Professional Offices Near BART Station

      Small office spaces with private bathroom, near transportation and amenities.
      Concord, CA 94519
      View Details
    • $1.65/mo

      Concord Warehouse Office Units Available

      Warehouse office units for lease in Concord, California.
      2344 Stanwell Drive, Concord, CA 94520
      View Details
    • $1.50/mo

      Temperature Controlled Warehouse in Concord

      Centrally located Concord warehouse with temperature control and gated parking.
      200 Mason Cir, Concord, CA 94520
      View Details
    • $1.50/mo

      Concord Warehouse with Rent Abatement

      Temperature-controlled warehouse in central Concord location with freeway access.
      200 Mason Cir, Concord, CA 94520
      View Details
    • $1.50/mo

      Concord Warehouse with Secure Yard

      Industrial warehouse with new office space and secure yard.
      4045 Nelson Ave, Concord, CA
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial units D & E available for lease.
    Where is this specialty property located?
    The property is located at 2355 Whitman Rd Concord, CA.
    What is the lease rate?
    The lease rate is $1.60 SF/Yr.
    What are key features of this property?
    This property features: Units D & E available for lease; Year Built: 1976
    (925) 239-1427
    We can help!
    Listing Contact
    Dan Moylan
    Dan Moylan
    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!