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28267726
21590097

1372 Concannon Blvd, Livermore, CA 94550

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton
$1,100,000
443 days on market
Updated 30 days ago

The Well at Sunset

Details
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 1,750
Net Rentable (SqFt) 1,750
Units 1
Cap Rate 5.87%
NOI $64,609
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 06/30/2028
Remaining Term 2
Rent Bumps Yes
Lease Options Two 3-Year Options @ FMV
Price per SqFt $629
Broker Co-Op Yes
Year Renovated 2021
Stories 1
Investment Type Stabilized
Lease Commencement 07/01/2023
Occupancy Date 07/01/2023
Ground Lease No

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

Listing Contacts

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$64,609.00
$5,384.08/mo

Valuation Metrics

0
DSCR
5.87%
Cap Rate
5.87%
ROI

Map

Zoning

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PDC-21-001 PlannedPlanned Development Commercial
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jessica Mauser
License
CA 01728720
Brokerage
Lee & Associates East Bay
Title
Managing Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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