Single-Story Office
56 Mayhew Way Walnut Creek, CA 94597
56 Mayhew Way, Walnut Creek, CA, 94597
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For Sale
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Single-story office building with dedicated 10-stall parking lot and easy access to BART and Interstate 680.
Property Size2,704 SF
Lot Size0.30 Acres
Price / SF$536.24
Days on Market98
Property Features for 56 Mayhew Way
General Information
- Standard status
- Active
- Size
- 2,704 SF
- Lot size
- 0.30 Acres
- Property subtype
- Office
Listing agency
Newmark
(925) 974-0100
Listed by
Forrest Gherlone · License #CA 01376723
Source
Crexi
Added: Apr 16 Updated: Jul 22 at 11:18AM Checked: Jul 22 at 11:18AM
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 Newmark
Investment Insights
Based on property information with market context.
Approximately 2,704 square foot single-story office building available for an owner/user. The property offers a functional design and attractive interior architecture, supported by a dedicated parking lot with 10 stalls.
56 Mayhew Way is situated on about 0.3 acres and provides easy access to BART (about 0.5 miles), as well as Interstate 680. The area also offers proximate retail and restaurant amenities.
The building’s layout and dedicated parking support straightforward day-to-day office operations for an owner or tenant-user.
56 Mayhew Way is situated on about 0.3 acres and provides easy access to BART (about 0.5 miles), as well as Interstate 680. The area also offers proximate retail and restaurant amenities.
The building’s layout and dedicated parking support straightforward day-to-day office operations for an owner or tenant-user.
Key Highlights
- Approximately 2,704 SF single‑story office building available for an owner/user
- Dedicated parking lot with 10 stalls
- On approximately 0.3 acres
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 | $79.5k | $29.40 |
| − Vacancy | −$14.3k | −$5.29 |
| EGI | $65.2k | $24.11 |
| − OpEx | −$16.3k | −$6.03 |
| NOI | $48.9k | $18.08 |
2,704 SF · lease $29.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$698.4K
$611.1K – $814.9K
NOI $48,891 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$894.4K – $1.19M
NOI $71,548 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ESIS
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-story office building with dedicated 10-stall parking lot and easy access to BART and Interstate 680.
Where is this office building located?
The property is located at 56 Mayhew Way Walnut Creek, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Approximately 2,704 SF single‑story office building available for an owner/user; Dedicated parking lot with 10 stalls; On approximately 0.3 acres
