Office Building with On-Site
For Sale
Contact for pricing
2520 Stanwell Dr, Concord, CA 94520
Office building with recently renovated common areas, on-site deli, and easy surface parking near major freeway access.
Property Size24,036 SF
Price / SF$151.86
Days on Market512
Property Features for 2520 Stanwell Dr
General Information
Standard status
Active
Size
24,036 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
on-site deli
Listing Agency:
Colliers | Walnut Creek
(925) 279-0120
Listed By:
Matt Hurd · License #01347571
(925) 279-5567
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Sep 2
Last Checked: Sep 16 at 7:43PM
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.
Buchanan Oaks Professional is an office building with recently renovated common areas and an on-site deli. The property provides easy surface parking for day-to-day tenant and visitor access. The building totals 24,036 square feet.
Located on the corner of Stanwell Drive and Bisso Lane next to Buchanan Airport, the property offers easy access to all freeways. Nearby amenities include The Veranda, Sun Valley Mall, The Willows, downtown Concord, and nearby hotels and restaurants.
For buyers seeking user-occupier flexibility, the building can be delivered 51% vacant and is described as an SBA purchase opportunity.
Located on the corner of Stanwell Drive and Bisso Lane next to Buchanan Airport, the property offers easy access to all freeways. Nearby amenities include The Veranda, Sun Valley Mall, The Willows, downtown Concord, and nearby hotels and restaurants.
For buyers seeking user-occupier flexibility, the building can be delivered 51% vacant and is described as an SBA purchase opportunity.
Key Highlights
- On‑site deli serving tenants and visitors
- Recently renovated common areas
- Easy surface parking
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
$227,140
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
6.22%
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%
$4,542,800
$4.5M
Cap Rate 7%
$3,244,857
$3.2M
Cap Rate 9%
$2,523,778
$2.5M
Market Conditions
NOI Build-Up for 24,036 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
$360.5K $15.00/SF
− Vacancy
−$57.7K −$2.40/SF
EGI
$302.9K $12.60/SF
− OpEx
−$75.7K −$3.15/SF
NOI
$227.1K $9.45/SF
Area
Concord, CA
Vacancy
16.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$4,542,800
Cap Rate 7%
$3,244,857
Cap Rate 9%
$2,523,778
Alternative Uses
Best Use
Office B
$3.24M
$2.84M – $3.79M
NOI $227,140 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.88M
$5.14M – $6.86M
NOI $411,517 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Office building with recently renovated common areas, on-site deli, and easy surface parking near major freeway access.
Where is this office building located?
The property is located at 2520 Stanwell Dr Concord, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: On‑site deli serving tenants and visitors; Recently renovated common areas; Easy surface parking
