306-308 Military West, Benicia, CA 94510
Professional office condo with 1,627 square feet available for sale.
- Added:
- Sep 21, 2023
- Days on Market:
- 1022
- Last Refresh:
- Jul 5 at 9:48 am
Property Features for 306-308 Military West
General Information
- Standard status
- Active
- Size
- 1,627 SF
- Property subtype
- Office
Listing office TRI Commercial Walnut Creek (925) 296-3310
Listing date Sep 21, 2023
Source Crexi
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 TRI Commercial Walnut Creek
HighLights
- Entire Second Floor: Offers privacy and exclusivity.
- ±1,627 SF: Provides a substantial and functional office space.
- Professional Office Condo: Suitable for various business operations.
Overview
Local 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 | $43.0k | $26.40 |
| − Vacancy | −$6.7k | −$4.09 |
| EGI | $36.3k | $22.31 |
| − OpEx | −$9.1k | −$5.58 |
| NOI | $27.2k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Benicia
- County
- Solano
- State
- California
- Longitude
- -122.160326
- Latitude
- 38.05564
