Property profile

5860 Owens Dr Pleasanton, CA 94588

FOR LEASE
Medical Office Space
Property ID
US09-8355447
96,904 SF 4.46 ac lot Built 2002
Entity Owned ~ Est. High Equity
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5860 Owens Dr, Pleasanton, CA 94588 For Lease
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5860 Owens Dr, Pleasanton, CA 94588
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Property summary

AI-generated overview

This exceptional Class A medical office building, totaling 92,738 square feet, presents a rare opportunity in the thriving Pleasanton market. Located at 5860 Owens Drive, this four-story, single-building complex offers immediate occupancy in multiple suites ranging from 1,722 to 1,957 square feet. Built in 2001, the building boasts modern finishes and high-end common areas, creating a sophisticated and professional environment. The property's prime location offers unparalleled convenience, situated adjacent to the BART station, ensuring easy access for patients and staff. Parking is exceptionally abundant, with a generous 4.8 spaces per 1,000 square feet of leased space, provided in both surface lots and a secure garage. The building's design incorporates dramatic glass lines, providing impressive views. This is an ideal setting for healthcare professionals seeking a prestigious and well-appointed medical office space in Alameda County. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. Don't miss this chance to secure your practice's future in this highly desirable location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction STEEL FRAME
Total area 96,904 SF
Lot 4.46 ac (194,209 SF)
APN 941-2771-28
UPID US09-8355447

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pediatrician Medical Clinic
  • Physician
  • Law Firm
  • Medical Clinic

Location

5860 Owens Dr Pleasanton, CA 94588
Pleasanton metro Census 450743 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$25.54M
Comparable Approach Comparable
$40.31M
Blend (final) Blend
$31.46M

Owner & transaction history

since 2026
Last sale
$35.0M
7 recorded transactions
2026
Price N/A
2022
$35.0M
2014
$18.9M
2006
Price N/A
2001
Price N/A
1999
Price N/A
1981
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $48.8M +27.3%
Neighborhood: shopping center $41.2M +7.5%
Office building $40.3M +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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