Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5115 Johnson Dr Pleasanton, CA 94588

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space with ample parking and freeway access.

    Type:Office
    Added:
    Oct 8, 2022
    Days on Market:
    1287
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 5115 Johnson Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 5115 Johnson Dr Contact us

    Suite 5117 $2 /Mo

    Size
    3,017 SF
    Type
    Office
    3,017 +/- sfnSeven private offices, bullpen and storage room nShared kitchen and...
    show more
    Contact us

    5113 $2 /Mo

    Size
    2,548 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Sean Offers

    Listing agent Sean Offers License #CA 01858116

    Listing office Lee & Associates - Pleasanton

    Listing date Oct 8, 2022

    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 Lee & Associates - Pleasanton

    Overview

    Pleasanton Office Space for Rent

    This commercial real estate property offers office units and spaces for rent. It features an ample parking ratio of 3.3/1,000 RSF. The location provides excellent freeway access to I-580 and I-680. It is also in close proximity to the Dublin/Pleasanton BART Station and within walking distance to various services and amenities.
    Location Intelligence

    Current Use by Public Records

    Taniro (Bike/Boat/Book/etc) Store Kreeyaa (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.9055922
    Latitude
    37.6966083

    Nearby Similar for Lease

    • Contact for pricing

      Bernal Corporate Park

      6701 Koll Center Pkwy, Unit 250, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Corporate Commons

      6200 Stoneridge Mall Rd, Unit 3RD, Pleasanton, CA 94588
      View Details
    • Sponsored
      Contact for pricing

      Hopyard

      4900 Hopyard Rd, Unit 100, Pleasanton, CA 94588
      View Details
    • $3/mo

      Pleasanton Office Building For Rent

      Full-service office building in a vibrant Pleasanton location.
      480 Saint John Street, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Office Sublease in Pleasanton Park

      Office space available for sublease at 6601 Owens Dr, Pleasanton.
      6601 Owens Dr., Pleasanton, CA 94588
      View Details
    • $1.90/mo

      Pleasanton Office Warehouse for Lease

      Office warehouse in a vibrant Pleasanton neighborhood, convenient location.
      1039 Serpentine Ln, Pleasanton, CA 94566
      View Details
    • $2.00/mo

      Pleasanton Flex Space Available

      3,000±RSF flex space featuring showroom and warehouse areas.
      3724 Stanley Blvd, Pleasanton, CA
      View Details
    • $1.95/mo

      Equipped Warehouse and Office Space

      Lease includes utilities, furnishings, and security features.
      1181 Quarry Ln, Pleasanton, CA
      View Details
    • Contact for pricing

      Pleasanton Neighborhood Shopping Center Space

      Well-established shopping center with strong tenant roster and high visibility.
      6654 Koll Center Pkwy, Pleasanton, CA 94566
      View Details
    • $2/mo

      Pleasanton Flex Space Available

      Light industrial and office/flex space with access to interstates.
      7060 Koll Center Pkwy, Pleasanton, CA
      View Details
    • $3/mo

      Downtown Pleasanton Office Space

      Office space for rent in downtown Pleasanton, California.
      533 Peters Ave., Pleasanton, CA 94588
      View Details
    • $2/mo

      Pleasanton Office Space For Rent

      Office space with freeway access and proximity to BART station.
      5111-5117 Johnson Dr. | Pleasanton, CA 94588, CA 94588
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with ample parking and freeway access.
    Where is this office units located?
    The property is located at 5115 Johnson Dr Pleasanton, CA.
    What are key features of this property?
    This property features: Ample parking (3.3/1,000 RSF); Excellent freeway access to I‑580 and I‑680; Close proximity to Dublin/Pleasanton BART Station
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sean Offers
    Real Estate License ID: CA 01858116
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!