Current Use by Public Records
- Office Spaces
Property Details for 309-311 Lennon Ln
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 14,878 square foot Class B medical office building, located at 309-311 Lennon Lane in Walnut Creek, California, presents a compelling investment or owner-user opportunity. Priced at $3,799,999, it boasts a strong pro-forma NOI of $210,000. The multi-tenant property features two large, stable tenants in 311 Lennon Lane, each with long-term leases. The building offers ample parking (4.6 spaces per 1,000 sq ft) and updated restrooms and common areas with energy-efficient LED lighting. Situated in the desirable Shadelands submarket, it benefits from proximity to major medical institutions like Kaiser Permanente and John Muir Health, as well as numerous dining and recreational options, including Heather Farm Park and Boundary Oak Golf Course. Zoned BP-200, the property allows for multiple uses. SBA financing may be available to qualified buyers. This prime location and strong tenant base make this a highly attractive investment opportunity in a thriving medical hub. The property's address is 309-311 Lennon Lane, Walnut Creek, CA 94598, within Contra Costa County.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut Creek
- County
- Contra Costa
- State
- California
- Longitude
- -122.03
- Latitude
- 37.9262
