Established Medical Office
Hillcrest Ave Antioch, CA 94531
For Sale
$350,000
Well-appointed medical office in a professional complex, approximately 2,002 SF.
Property Size2,002 SF
Lot Size0.08 Acres
Price / SF$174.83
Days on Market378
Property Features for Hillcrest Ave
General Information
Standard status
Active
Size
2,002 SF
Lot size
0.08 Acres
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
HERITAGE REI
(925) 209-0658
Listed By:
MICHAEL PERRY · License #01790016
Source:
Corcoran
Added: Jul 17, 2025
Changed: Jul 6
Last Checked: Jul 28 at 6:06AM
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 HERITAGE REI
Investment Insights
Based on property information with market context.
This medical office is located within an established professional complex and offers approximately 2,002 square feet of space. The layout includes four exam rooms suitable for patient consultations and examinations, along with two private offices designed for administrative tasks. The configuration is intended to facilitate patient flow and privacy, with space for waiting areas and support functions. The professional complex offers convenient access, ample parking, and a maintained environment.
Key Highlights
- Well‑appointed medical office in an established professional complex.
- Approximately 2,002 square feet of versatile space.
- Four spacious exam rooms for patient consultations and examinations.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.7k | $25.80 |
| − Vacancy | −$13.4k | −$6.71 |
| EGI | $38.2k | $19.09 |
| − OpEx | −$9.6k | −$4.77 |
| NOI | $28.7k | $14.32 |
2,002 SF · lease $25.80/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$469.2K
$410.5K – $547.4K
NOI $32,843 @ 7.0% cap · market cap 9.38%
Second Best
Office B
$409.5K
$358.3K – $477.8K
NOI $28,667 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,450 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Ark Pet Hospital — 2723 Hillcrest Ave, Antioch, CA 94531
- Banfield Pet Hospital — 3397 Deer Valley Rd, Antioch, CA 94531
- Companion Pet Hospital — 4365 Hillcrest Ave, Antioch, CA 94531
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-appointed medical office in a professional complex, approximately 2,002 SF.
Where is this medical office space located?
The property is located at Hillcrest Ave Antioch, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑appointed medical office in an established professional complex.; Approximately 2,002 square feet of versatile space.; Four spacious exam rooms for patient consultations and examinations.
