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Property profile & analytics
FOR LEASE
Office buildings

140 Gregory Ln 190 Pleasant Hill, CA 94523

27,464 SF 1.51 ac lot Built 1988
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0294575
140 Gregory Ln,Unit 190, Pleasant Hill, CA 94523 For Lease
$1,398/Mo 1,398 SF available
140 Gregory Ln,Unit 190, Pleasant Hill, CA 94523
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Property summary
AI-generated overview

The Gregory Centre, located at 140 Gregory Lane in Pleasant Hill, California, 94523, offers exceptional office space in Contra Costa County. This two-story building comprises 30,000 square feet and sits on a 1.51-acre lot. The property is currently multi-tenant and features a variety of suite sizes, with a minimum divisible space of 941 square feet and a maximum contiguous space of 2,329 square feet. Currently, 5,115 square feet of space is available for lease. The building provides convenient on-site parking with a ratio of 3 spaces per 1000 square feet. Its central location in downtown Pleasant Hill offers unparalleled convenience, situated a mere three-minute walk from Crescent Drive and surrounded by a vibrant mix of retail and banking establishments. The property's proximity to the freeway (two blocks away) ensures easy access for commuters. The building is suitable for both traditional office and medical office uses. This is a fantastic opportunity to establish a presence in a thriving and accessible location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction STEEL FRAME
Total area 27,464 SF
Lot 1.51 ac (65,819 SF)
APN 150-170-074-2
UPID US09-0294575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.36M
Owner & transaction history
Tiga Associates LP · 22 yrs held
Tiga Associates LP
since 2004
7 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2004
Price N/A
2003
Price N/A
2001
Price N/A
2000
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $10.0M +5.7%
Commercial (general) $9.6M +1.3%
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