The Well at Sunset
Medical Leased Investment Condominium Unit | 5.87% CAP | 1,750 SqFt
Marketing description
Leased Investment Unit. Located on the northeastern Corner of Building J. Rare newly remodeled spec suite office/medical condominium. Leased to a pediatric occupational therapist.
Rare Commercial Investment Sale Opportunity. 5 year lease term through 6/30/28, true NNN lease, personal guaranty on lease. Please contact Brokers for additional information on the lease.
The Well at Sunset is a newly renovated project as of 2020. Each building was brought down to the studs/foundations and built back up with a brand new roof, siding, windows, electrical, etc. The four buildings on the northern end of the project were sold to a senior housing developer who has plans to construct a new senior housing development in the near future. The remaining 6 buildings on the south end of the project were renovated to be a new retail, medical, and office complex to serve the local community. Most retail, medical, and office uses are permitted in this zoning district. Tesla superchargers are onsite in front of Building A. Some outdoor patio areas are placed at key locations around the project. There is a 3.5 acre landscaped buffer zone between this project and the surrounding homes which will eventually be updated to include walking paths and benches once the senior housing development is finished.
Investment highlights
±1,750 sf Lease Investment Medical condo for sale
Located at holmes & concannon in livermore
Highly visible freestanding single-story building
Completely renovated in 2021 from the ground up. New electrical, plumbing and roofs
Ada compliant common areas
New landscape
Affluent neighborhood with easy access from silicon valley and san francisco metros
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