323-325 Lennon Ln Walnut Creek, CA
Two-story office condominium with tenant in place.
Property Features for 323-325 Lennon Ln
General Information
- Standard status
- Active
- Size
- 5,930 SF
- Lot size
- 5.19 Acres
- Property subtype
- OFFICE
Properties For Sale
at 323-325 Lennon Ln Contact usListing office JLL | Walnut Creek (925) 944-2140
Listing date Jan 22, 2025
Source Moodyscre
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 JLL | Walnut Creek
Investment Insights
Based on property information with market context.
Key Highlights
- Approximately 5,930 Square Foot Two‑Story Office Condominium
- Great opportunity for an owner user
- SBA financing likely possible
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 | $174.3k | $29.40 |
| − Vacancy | −$31.4k | −$5.29 |
| EGI | $143.0k | $24.11 |
| − OpEx | −$35.7k | −$6.03 |
| NOI | $107.2k | $18.08 |
