2455 Bates Ave, Concord, CA 94520
19,800 SF multi-tenant industrial building on 0.92-acre parcel.
- Added:
- Mar 11, 2026
- Days on Market:
- 110
- Last Refresh:
- Mar 19 at 10:42 pm
Property Features for 2455 Bates Ave
General Information
- Standard status
- Active
- Size
- 19,800 SF
- Lot size
- 0.92 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing office TRI Commercial Walnut Creek (925) 337-1288
Listing date Mar 11, 2026
Source Crexi
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HighLights
- ±19,800 SF multi‑tenant light industrial building on a ±0.92‑acre corner parcel.
- Existing income from 14 industrial and office suites, offering diversified rental income.
- Opportunity for owner‑user to occupy space while generating rental income.
- Benefit from eight grade‑level loading doors and 1,200 amp / 480‑volt electrical service.
- Approximately 37 on‑site parking spaces with an additional ±19 adjacent street spaces.
- Potential to create a secured yard area for equipment storage or outdoor operations.
Overview
Local Financial Insights For Warehouse
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 | $351.6k | $17.76 |
| − Vacancy | −$22.2k | −$1.12 |
| EGI | $329.5k | $16.64 |
| − OpEx | −$49.4k | −$2.50 |
| NOI | $280.1k | $14.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Contra Costa
- State
- California
- Longitude
- -122.0334793
- Latitude
- 38.0146278