Freestanding Income-Generating Office
For Sale
Contact for pricing
300 H St, Antioch, CA 94509
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 Market820
Property Features for 300 H St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
OFFICE
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Lee & Associates | Walnut Creek
(925) 239-1430
Listed By:
Brian Slocum, SIOR, CCIM
(925) 984-6989
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Oct 25
Last Checked: Oct 26 at 6:48PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$143,190
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,863,800
$2.9M
Cap Rate 7%
$2,045,571
$2.0M
Cap Rate 9%
$1,591,000
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$258.0K $25.80/SF
− Vacancy
−$67.1K −$6.71/SF
EGI
$190.9K $19.09/SF
− OpEx
−$47.7K −$4.77/SF
NOI
$143.2K $14.32/SF
Area
Antioch, CA
Vacancy
26.00%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,863,800
Cap Rate 7%
$2,045,571
Cap Rate 9%
$1,591,000
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.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 94509, CA
69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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
