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32765958
32765957

2520 Stanwell Drive, Concord, CA 94520

BC
CA 01416362
Colliers International Walnut Creek
MH
CA 01347571
Colliers International Walnut Creek
Listed by Colliers International Walnut Creek
$3,650,000
15 days on market
Updated 15 days ago

2520 Stanwell Drive

Details
APN 112-260-021-4
Property Type Office
Sub Type Traditional Office
Square Footage 24,602
Cap Rate 3.80%
Tenancy Multi
Price per SqFt $148
Year Built 1978
Year Renovated 2008
Buildings 2
Stories 2
Acreage 1.800
Zoning OBP - Office Business Park
Parking Spaces 95 spaces
Parking Per SqFt 3.86
Investment Type Owner/User

Office | 3.80% CAP | 24,602 SqFt

Marketing description

Colliers is pleased to offer the opportunity to purchase the fee simple interest in 2520 Stanwell Drive, in Concord, CA (the "Property"). The approximately 24,602 square foot office property consists of 1 one-story building and 1 two-story building situated on a single 1.80 acre parcel within the Stanwell Business Park.

The project is well parked with 95 available spaces, a 3.86/1,000 SF ratio. Surrounded by mature landscaping and minutes from the freeway and Concord's top dining and shopping choices, this offering represents a unique opportunity to acquire a well located user property with upside rental income.

Buchanan Oaks Professional building is located on the corner of Stanwell Drive & Bisso Lane, next to Buchanan Airport with easy access to all freeways, The Veranda, Sun Valley Mall, The Willows, downtown Concord, hotels and restaurants. Buchanan Oaks has recently renovated its common areas and offers an on-site deli, easy surface parking, and an exceptional value in office space.


Investment highlights

  • Multi-tenant asset with consistently high occupancy provides low risk investment with diversified income stream. Many of the tenants have long occupancy histories at the Property, confirming its desirability.
  • Comfortable, shaded environment with on-site deli/café, ample parking and easy freeway access provides a convenient and appealing atmosphere for tenants.
  • Owner/User opportunity with ±12,600 SF potentially available.
  • Concord is a central hub of commerce within Contra Costa County located at the confluence of Interstate 680, and Highways 4 and 242. This makes it an ideal location for companies doing business throughout the East Bay and Solano County.
  • Located minutes from Concord's premier retail developments with an abundance of amenities and food options.
  • Flexible OPB zoning allows medical and dental uses.

Listing Contacts

BC
CA 01416362
Colliers International Walnut Creek
MH
CA 01347571
Colliers International Walnut Creek
Listed by Colliers International Walnut Creek

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