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1200-1350 Montego Walnut Creek, CA 94598

Sponsored
For Sale
$30,000,000

Prime Walnut Creek medical office buildings, redevelopment opportunity.

Property size:
122,821 SF

Description

Added:
Dec 11, 2024
Days on Market:
394
This exceptional investment opportunity presents three medical office buildings totaling 122,821 square feet situated on a 5.52-acre lot in Walnut Creek, California. The complex, known as Montego Ridge, comprises three separate buildings located at 1200, 1250, and 1350 Montego Way, each on its own parcel. Building sizes are approximately 31,258 square feet, 24,923 square feet, and 66,640 square feet respectively. Constructed in 1980, the property offers ample parking with 338 designated on-site spaces, supplemented by 37 unmetered street spaces and an additional 16 spaces across the street. The asking price is $30,000,000, translating to a price per square foot of $244.26. This property's location adjacent to John Muir Hospital presents a unique investment or redevelopment opportunity in a highly desirable medical corridor within Contra Costa County, zip code 94598. The property's strategic location and substantial size make it an attractive prospect for investors and developers seeking a significant presence in the thriving Walnut Creek healthcare market.

Property Features for 1200-1350 Montego

General Information

Property type
Medical offices
Square Feet
122,821 SF
Lot Size
240,451 SF

Building Details

Year Built
1980

HighLights

  • Unique investment/redevelopment opportunity: Three medical office buildings totaling 122,821 square feet on a 5.52‑acre lot, adjacent to John Muir Hospital in Walnut Creek, CA.
  • Three separate buildings located at 1200, 1250, and 1350 Montego Way, each on its own parcel.
  • Ample parking: 338 designated spaces, plus 53 additional spaces (37 unmetered street spaces and 16 across the street).
  • Building sizes: 1200 Montego Way - 31,258 sq ft; 1250 Montego Way - 24,923 sq ft; 1350 Montego Way - 66,640 sq ft.
  • $30,000,000 asking price ($244.26/sq ft).
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Walnut Creek
County
Contra Costa
State
California
Longitude
-122.0494071
Latitude
37.9090721

FAQs

What type of property is this?
Medical office - Prime Walnut Creek medical office buildings, redevelopment opportunity.
Where is this medical office located?
The property is located at 1200-1350 Montego Walnut Creek, CA.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: Unique investment/redevelopment opportunity: Three medical office buildings totaling 122,821 square feet on a 5.52-acre lot, adjacent to John Muir Hospital in Walnut Creek, CA.; Three separate buildings located at 1200, 1250, and 1350 Montego Way, each on its own parcel.; Ample parking: 338 designated spaces, plus 53 additional spaces (37 unmetered street spaces and 16 across the street).
More about this property
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