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Renovated Multi-Building Office Campus

3301 - 3333 Vincent Road, Pleasant Hill, CA 94523

For Sale
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Three updated, two-story buildings offer office space and additional uses under an approved conditional use permit.

Property Size62,877 SF
Lot Size1.90 Acres
Price / SF$198.80
Days on Market28

Property Features for 3301 - 3333 Vincent Road

General Information

Standard status Active
Size 62,877 SF
Lot size 1.90 Acres
Property subtype Office
Occupancy 77%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Condition Newly Renovated
Tenant in Place Yes
Property Use Office

Building Details

Buildings 3
Tenancy Multi
Owner Occupied No
Listing Agency: Succession Real Estate
Listed By: Kirk McKinney · License #01514824
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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 Succession Real Estate

Rey
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Investment Insights

Based on property information with market context.

This Pleasant Hill office property comprises three renovated, two-story buildings totaling approximately 62,877 square feet on 1.9 acres. Improvements include replaced roofs, upgraded HVAC with rooftop units and smart thermostats, LED lighting, new flooring, fresh interior and exterior paint, and timed-lock security. An approved conditional use permit supports light industrial, retail, automotive sales, research and development, and office uses.

The property is 77% occupied by a mix of long- and short-term tenants. Regional access includes Highways 680 and 24, BART, and Concord. The second floor of 3315 Vincent Road is identified as an owner-user occupancy option, with the remainder of the property generating tenant income.

Key Highlights

  • Three renovated, two‑story buildings totaling approximately 62,877 square feet
  • 1.9‑acre property in Pleasant Hill
  • Approved CUP permits light industrial, retail, automotive sales, R&D, and office uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,136,879
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,737,580 $22.7M
Cap Rate 7%
$16,241,129 $16.2M
Cap Rate 9%
$12,631,989 $12.6M
Market Conditions
NOI Build-Up for 62,877 SF
Gross rent
$1.85M $29.40/SF
− Vacancy
−$332.7K −$5.29/SF
EGI
$1.52M $24.11/SF
− OpEx
−$379.0K −$6.03/SF
NOI
$1.14M $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,737,580
Cap Rate 7%
$16,241,129
Cap Rate 9%
$12,631,989

Alternative Uses

Best Use
Office B
$16.24M
$14.21M – $18.95M (±1% cap)
NOI $1,136,879 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.77M
$20.80M – $27.73M (±1% cap)
NOI $1,663,725 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Furniture & Home Goods Veterinary Clinic Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,644
Businesses Nearby

Demographics for 94523, CA

35,272
Population
14,585
Households
2.4
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$142,622
Median Household Income
$74,832
Median Earnings
$2,479
Median Rent
$1,038,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Contra Costa County, CA

$318 Jul
$319 Aug
$296 Sep
$294 Oct

Properties on Market for Office buildings in Contra Costa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three updated, two-story buildings offer office space and additional uses under an approved conditional use permit.
Where is this office building located?
The property is located at 3301 - 3333 Vincent Road Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Three renovated, two‑story buildings totaling approximately 62,877 square feet; 1.9‑acre property in Pleasant Hill; Approved CUP permits light industrial, retail, automotive sales, R&D, and office uses
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