Flex Space with Secure
For Sale
Contact for pricing
2501 Annalisa Dr, Concord, CA 94520
Industrial flex property with separate office space, heavy power, and paved yard areas for storage and staging.
Property Size5,500 SF
Lot Size2.51 Acres
Price / SF$331.43
Days on Market132
Property Features for 2501 Annalisa Dr
General Information
Standard status
Active
Size
5,500 SF
Lot size
2.51 Acres
Property subtype
INDUSTRIAL
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
12,000 SF
Office Build-Out
5,500 SF
Drive-In Doors
2
Heavy Power
Yes
Building Details
Buildings
2
Building Size
5,500 SF
Properties For Sale
at 2501 Annalisa Dr Contact us- Floor
- Bldg
- Size
- 17,500 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
2501 Annalisa Dr
- This low coverage industrial site offers a rare blend of functional warehouse space,...
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Listing Agency:
Cushman & Wakefield | Walnut Creek
(925) 548-3484
Listed By:
Tyler Epting · License ##01317533
(925) 548-3484
Source:
Moodyscre
Added: Apr 22
Changed: Aug 31
Last Checked: Aug 31 at 4:30AM
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 Cushman & Wakefield | Walnut Creek
Investment Insights
Based on property information with market context.
This flex property contains approximately 17,500 square feet across a warehouse component and a separate office building. The shop area measures approximately 12,000 square feet and includes high-clearance space, two grade-level doors, heavy power, and a 2 ton bridge crane. The office building adds approximately 5,500 square feet for administrative or support functions.
Set on 2.51 acres at 2501 Annalisa Dr in Concord, the property provides three secure access points and paved yard areas suitable for fleet parking, material storage, and operational staging. Its Contra Costa County location offers access to the surrounding commercial market while maintaining a low-coverage site layout.
Set on 2.51 acres at 2501 Annalisa Dr in Concord, the property provides three secure access points and paved yard areas suitable for fleet parking, material storage, and operational staging. Its Contra Costa County location offers access to the surrounding commercial market while maintaining a low-coverage site layout.
Key Highlights
- Approximately 17,500 SF across warehouse and separate office improvements
- ±12,000 square feet of high clearance shop space
- Separate ±5,500 square foot office building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$247,537
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,950,740
$5.0M
Cap Rate 7%
$3,536,243
$3.5M
Cap Rate 9%
$2,750,411
$2.8M
Market Conditions
NOI Build-Up for 17,500 SF
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.
Gross rent
$310.8K $17.76/SF
− Vacancy
−$19.6K −$1.12/SF
EGI
$291.2K $16.64/SF
− OpEx
−$43.7K −$2.50/SF
NOI
$247.5K $14.14/SF
Area
Concord, CA
Vacancy
6.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,950,740
Cap Rate 7%
$3,536,243
Cap Rate 9%
$2,750,411
Alternative Uses
Best Use
Warehouse
$3.54M
$3.09M – $4.13M
NOI $247,537 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$3.00M
$2.63M – $3.50M
NOI $210,291 @ 7.0% cap · market cap 3.63%
Theoretical Best
Multifamily LT 5
$4.28M
$3.75M – $4.99M
NOI $299,615 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94520, CA
38,383
Population
13,661
Households
2.8
Avg Household Size
35
Median Age
30%
College-Educated
79%
High-School Grad
9.9 sq mi
ZIP Area
3,877
Density / Sq Mi
$79,790
Median Household Income
$43,382
Median Earnings
$2,118
Median Rent
$572,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with separate office space, heavy power, and paved yard areas for storage and staging.
Where is this flex space located?
The property is located at 2501 Annalisa Dr Concord, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Approximately 17,500 SF across warehouse and separate office improvements; ±12,000 square feet of high clearance shop space; Separate ±5,500 square foot office building
