Established Medical Office
For Sale
$350,000
Hillcrest Ave, Antioch, CA 94531
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 Market469
Property Features for Hillcrest Ave
General Information
Standard status
Active
Size
2,002 SF
Lot size
0.08 Acres
Property subtype
Commercial
Amenities
Common
Composition Roof
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: Oct 27
Last Checked: Oct 26 at 4:38PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$28,667
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,340
$573.3K
Cap Rate 7%
$409,529
$409.5K
Cap Rate 9%
$318,522
$318.5K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$51.7K $25.80/SF
− Vacancy
−$13.4K −$6.71/SF
EGI
$38.2K $19.09/SF
− OpEx
−$9.6K −$4.77/SF
NOI
$28.7K $14.32/SF
Area
Antioch, CA
Vacancy
26.00%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,340
Cap Rate 7%
$409,529
Cap Rate 9%
$318,522
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 94531, CA
45,342
Population
13,888
Households
3.3
Avg Household Size
37
Median Age
32%
College-Educated
90%
High-School Grad
14.0 sq mi
ZIP Area
3,239
Density / Sq Mi
$123,428
Median Household Income
$55,075
Median Earnings
$3,063
Median Rent
$660,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Companion Pet Hospital — 4365 Hillcrest Ave, Antioch, CA 94531
- Banfield Pet Hospital — 3397 Deer Valley Rd, Antioch, CA 94531
- Ark Pet Hospital — 2723 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.
