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

    5860 Owens Dr Pleasanton, CA 94588

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

    Medical office space with ample parking near BART.

    Type:Office
    Added:
    Aug 10, 2022
    Days on Market:
    1350
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 5860 Owens Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 5860 Owens Dr Contact us

    We can help!

    Listing Contact
    Bryan McKenney
    Bryan McKenney

    Listing agent Bryan McKenney License #CA 01505792

    Listing office Med West Realty

    Listing date Aug 10, 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 Med West Realty

    Overview

    Class A Medical Office Space

    This Class A medical office space is located at 5860 Owens Drive in Pleasanton, California, adjacent to BART. The property features a parking ratio of 4.8/1,000 SF leased, with parking available in surface lots and a garage. The space offers views, a glass line, modern finishes, and common areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kushal Chhabra, MD Physician Cynthia Hann, MD Pediatrician Morsy Medical Center: ... Physician Clapp Moroney Vucinich ... Law Firm Aman Saw MD Medical Clinic

    Suggested Use

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

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

    Similar Places Nearby

    • Furry Friends Pet Sitting — 4382 Addison Way, Pleasanton, CA 94588
    • Animal Eye Care — 4877 Hopyard Rd Suite B-1, Pleasanton, CA 94588
    • All Creatures Veterinary Hospital — 6612 Dublin Blvd, Dublin, CA 94568
    • Downes Lawrence — 6612 Dublin Blvd, Dublin, CA 94568

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.8990071
    Latitude
    37.6992765

    Nearby Similar for Lease

    • Contact for pricing

      Bernal Corporate Park

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

      Corporate Commons

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

      Hopyard

      4900 Hopyard Rd, Unit 100, Pleasanton, CA 94588
      View Details
    • Contact for pricing

      Pleasanton Flex Space Available

      Light industrial and office/flex space with access to Interstates 580/680.
      7060 Koll Center Pkwy, Suite 316, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Pleasanton Office Space Available

      Office space in a four-building complex, close to transportation.
      5673 W Las Positas Blvd, Suite 218, Pleasanton, CA 94588
      View Details
    • Contact for pricing

      Office, Light Industrial, R&D Space

      Office, light industrial, and R&D space available for rent.
      6900 Koll Center Pkwy, Suite 406, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Office and Light Industrial Space

      Office, light industrial, and R&D space available for lease.
      7020 Koll Center Pkwy, Suite 134, Pleasanton, CA 94566
      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

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space with ample parking near BART.
    Where is this medical office space located?
    The property is located at 5860 Owens Dr Pleasanton, CA.
    What are key features of this property?
    This property features: Prime Class A medical office space adjacent to BART.; Superb on‑site parking with a ratio of 4.8/1,000 SF leased.; Modern finishes and high‑end common areas.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bryan McKenney
    Bryan McKenney
    Real Estate License ID: CA 01505792
    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!