Freestanding Income-Generating Office
300 H St Antioch, CA 94509
For Sale
Contact for pricing
Freestanding office building is 100% leased and includes a condo map for seven separate parcels.
Property Size10,000 SF
Price / SF$189.90
Days on Market730
Property Features for 300 H St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
OFFICE
Listing Agency:
Lee & Associates | Walnut Creek
(925) 984-6989
Listed By:
Brian Slocum, SIOR, CCIM
(925) 984-6989
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Jul 28
Last Checked: Jul 28 at 3:43PM
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 Lee & Associates | Walnut Creek
Investment Insights
Based on property information with market context.
This freestanding office building is presented as a high-quality investor asset with income in place and 100% leased occupancy. The property is offered for sale with a condo map for seven (7) separate parcels, allowing for subdivision into multiple condo units.
The offering is located at 300 H St in Antioch, California.
Overall, the building’s key commercial feature is its freestanding structure and the ability to be managed as seven separate parcels under the provided condo map.
The offering is located at 300 H St in Antioch, California.
Overall, the building’s key commercial feature is its freestanding structure and the ability to be managed as seven separate parcels under the provided condo map.
Key Highlights
- Freestanding office building is 100% leased
- Condo map provides seven (7) separate parcels for the property
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 | $258.0k | $25.80 |
| − Vacancy | −$67.1k | −$6.71 |
| EGI | $190.9k | $19.09 |
| − OpEx | −$47.7k | −$4.77 |
| NOI | $143.2k | $14.32 |
10,000 SF · lease $25.80/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.05M
$1.79M – $2.39M
NOI $143,190 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $212,040 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building is 100% leased and includes a condo map for seven separate parcels.
Where is this office building located?
The property is located at 300 H St Antioch, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Freestanding office building is 100% leased; Condo map provides seven (7) separate parcels for the property
