1910 Broadway Walnut Creek, CA 94596-3804
- Office buildings
- 6,400 SF
- 0.58 lot acres
Current Use by Public Records
- DMV Walnut Creek / Department Of Motor Vehicles / Government Office
Property Details for 1910 Broadway
- Year built
- 1967
- Lot size
- 0.58 lot acres
- Property size
- 6,400 SF
- Property type
- Office buildings
- APN
- 178-412-011-3
- APU
- 1784120113
Description
This exceptional Class A medical office building, located at 1910 Broadway in Walnut Creek, California, offers a significant opportunity for medical tenants. The property boasts a total of 38,000 square feet, with 20,000 square feet currently available for lease. This space is ideal for a variety of medical practices seeking a prominent location in a thriving community. The building features multiple tenancies, allowing for flexibility in space configuration. The available space is adaptable to suit the needs of a single large tenant or can be subdivided to accommodate multiple smaller practices. The building's convenient location in Contra Costa County, with easy access to major transportation routes, ensures high visibility and accessibility for patients and staff. Ample parking is provided, with a ratio of 5 spaces per 1,000 square feet. The property is zoned for medical use and is ready for immediate occupancy. The address is 1910 Broadway, Walnut Creek, CA 94596. Development of medical tenant space on the ground floor or multiple floors is possible, ranging from 10,000 to 20,000 square feet. This presents a unique chance to establish or expand a medical practice in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $15,285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $12,530,000
- 6.5%
- $12,360,000
- 7%
- $13,230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,895,000
- Geo Method
- $12,135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,965,000
- Retail
- $10,350,000
- Mixed-Use
- $12,090,000
- Hospitality
- $9,905,000
- Educational
- $12,980,000
- Residential Income
- $11,210,000
- Energy
- $10,880,000
- Income-Based Land
- $13,455,000
- Food Service
- $10,035,000
Location Insight
- Map
- Local Demand
- City
- Walnut Creek
- County
- Contra Costa
- State
- California
- Longitude
- -122.061
- Latitude
- 37.9054
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA