1191 Central Blvd Brentwood, CA 94513-2279
- Office buildings
- 11,467 SF
- 0.88 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1191 Central Blvd
- Year built
- 2002
- Lot size
- 0.88 lot acres
- Property size
- 11,467 SF
- Property type
- Office buildings
- APN
- 013-010-090-2
- APU
- 130100902
Description
This exceptional Class A medical office building, located at 1191 Central Blvd in Brentwood, California, presents a compelling investment opportunity. The 11,370 square foot, single-story building boasts 100% occupancy with four corporate-guaranteed tenants under net leases. Built in 2002, this meticulously maintained property features beautiful landscaping and benefits from staggered lease expirations with built-in rental increases, ensuring a stable and growing income stream. The property enjoys a 6.50% cap rate and a strong net operating income (NOI) of $272,044. Situated within the thriving TownCentre Brentwood, this investment benefits from convenient access to Highway 4, John Muir, and abundant retail amenities. The property's PD-10 zoning and fee-simple ownership provide additional investment security. The building's location in Brentwood, a rapidly growing area with an affluent population and significant new development, further enhances its long-term value. This stabilized investment is ideal for those seeking a passive income stream with built-in growth potential in a resilient sector of the commercial real estate market. The APN is 013-010-090-2. This is a fee-simple ownership opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brentwood
- County
- Contra Costa
- State
- California
- Longitude
- -121.7
- Latitude
- 37.9382
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
