Coworking Space with Meeting
654 3rd Street, Brentwood, CA 94513
For Sale
Contact for pricing
Office suites include shared lobby, kitchen, and meeting areas, with utilities and high-speed internet included.
Property Size2,240 SF
Price / SF$0.54
Days on Market279
Property Features for 654 3rd Street
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
lobby
kitchen
meeting spaces
Building Details
Year Built
Listing Agency:
Corcoran Icon Properties
(925) 634-1116
Listed By:
Lindsay Mandjek · License #02069440
(925) 375-7383
Source:
Jpnrealty
Added: Feb 4
Changed: Nov 9
Last Checked: Nov 8 at 3:57PM
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 Corcoran Icon Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Brentwood Commons offers furnished office suites in a shared workspace setting. Individual offices measure approximately 170+ SF and feature natural light. Shared areas include a lobby, kitchen, and meeting rooms; utilities and high-speed internet are included. The building was constructed in 1950.
Located at 654 3rd Street in Brentwood, the property provides parking and flexible lease terms. Drinks are available for occupants and their clients.
Located at 654 3rd Street in Brentwood, the property provides parking and flexible lease terms. Drinks are available for occupants and their clients.
Key Highlights
- Furnished offices of approximately 170+ SF with natural light
- Shared lobby, kitchen, and meeting rooms
- Utilities and high‑speed internet included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,501
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,020
$810.0K
Cap Rate 7%
$578,586
$578.6K
Cap Rate 9%
$450,011
$450.0K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$65.9K $29.40/SF
− Vacancy
−$11.9K −$5.29/SF
EGI
$54.0K $24.11/SF
− OpEx
−$13.5K −$6.03/SF
NOI
$40.5K $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%
$810,020
Cap Rate 7%
$578,586
Cap Rate 9%
$450,011
Alternative Uses
Best Use
Office B
$578.6K
$506.3K – $675.0K
NOI $40,501 @ 7.0% cap · market cap 3,375.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$846.7K
$740.9K – $987.8K
NOI $59,270 @ 7.0% cap · market cap 4,939.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 94513, CA
67,394
Population
22,546
Households
3
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
78.9 sq mi
ZIP Area
854
Density / Sq Mi
$139,736
Median Household Income
$65,531
Median Earnings
$2,449
Median Rent
$793,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Coworking space - Office suites include shared lobby, kitchen, and meeting areas, with utilities and high-speed internet included.
Where is this coworking space located?
The property is located at 654 3rd Street Brentwood, CA.
What are key features of this property?
This property features: Furnished offices of approximately 170+ SF with natural light; Shared lobby, kitchen, and meeting rooms; Utilities and high‑speed internet included
