5249 Deer Valley Rd Antioch, CA 94531

Property Details for 5249 Deer Valley Rd

Year built

1998

Lot size

1.08 lot acres

Property size

26,475 SF

Property type

Medical offices

Property subtype

Medical centers

APN

055-170-015-6

APU

551700156

Description

This exceptional three-story, 26,382 square foot Class B medical office building in Antioch, CA, presents a compelling investment opportunity. Located at 5249 Deer Valley Rd, this property boasts 24,638 square feet of net rentable space, currently 75% occupied by 14 diverse tenants in 12 suites. The building features a mix of suite sizes, ranging from 574 to 3,407 square feet, with an average size of 1,607 square feet. Four vacant suites, averaging 1,179 square feet, offer immediate value-add potential with existing medical/dental build-outs. The property sits on a 1.08-acre lot and provides ample parking (90 spaces per 1,000 sq ft). Recent capital expenditures include a new Pelican HVAC controller, updated fire sprinkler heads, and a parking lot slurry coat. The asking price is $5,375,000, representing a current cap rate of 6.42% and a pro-forma cap rate of 8.12%. The property benefits from a prime location, just one mile from Kaiser Permanente Hospital and near major freeways, providing excellent access and visibility. The building is zoned P-D and was constructed in 1999. This stabilized investment offers a strong current income stream with significant upside potential through lease-up of vacant units. The property also features two cell phone towers, adding to its overall value. This is a rare opportunity to acquire a trophy medical office building in a high-demand location.

Location Insight

City

Antioch

County

Contra Costa

State

California

Longitude

-121.78

Latitude

37.9632

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments