Listed by HC&M Commercial Properties Inc
$14,000,000
Bluerock Center, Parcel D
Details
APN 072-490-002-2
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 33,696
Net Rentable (SqFt) 32,235
Units 4
Cap Rate 6.83%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 9
Lease Expiration 12/30/2034
Remaining Term 10
Lease Options Two 5-year Options
Class A
Year Built 2006
Buildings 1
Stories 2
Acreage 0.530
Zoning Planned Development (P-D)
Bay Area NNN Leased Medical Office Building Investment Not In Earthquake Zone or Flood Hazard Area
Marketing description
HC&M Commercial Properties is pleased to present the opportunity to acquire 4041 Lone Tree Way a 100% NNN leased office building in Antioch, California. Consisting of 32,235 rentable square feet on two stories, 4041 Lone Tree Way has been well-maintained since it’s construction in 2006 and requires minimal capital improvements. The combination of strong in-place income with future upside potential and a Class A, well maintained building makes the purchase of 4041 Lone Tree Way an attractive investment opportunity.
The subject property is located along the east side of Lone Tree Way and
has a physical address of 4041 Lone Tree Way, Antioch, CA 94531 and is
further identified as tax parcel number 072-490-002-2. The subject site is
a 0.53-acre or 23,087 square foot parcel.
The subject is part of the Bluerock Center, a retail/office project that
consists of three single-story and two two-story buildings, each on its own
separate pad site. All of the buildings have parking and access rights on a
6.26 acre common site. Three of the buildings are single-story retail
buildings, one is a two-story professional office building, and one is a twostory medical office building. In total, the buildings contain 101,292 gross
and rentable square feet.
Investment highlights
- 100% Fully Occupied Property Legacy Education Leases The Property For The Next 10 Years
- Earthquake Zone/Flood Hazard Area 4041 Lone Tree Way Is Not Located With Alquist-Priolo Special Study Zone For Active Earthquake Faults. The Property Is Determined To Be Outside Of The 100 And 500 Year Flood Plains. In Addition, The Property Has Been Identified To Be In Zone X And Is Not Required To Carry Flood Insurance.
- 3D Tour: https://vimeo.com/939352661/e29f7cea7b
Listing Contacts
Listed by HC&M Commercial Properties Inc
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