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1400-1422 Concannon Blvd - Bldg H
875 - 2,045 SF Condo Units Offered at $510,000 - $1,083,850 Per Unit in Livermore, CA 94550
Investment Highlights
- Building Signage for Every Unit
- Separate Entrances to Each Unit (direct off parking lot)
- 200 Amps of Power for Every Unit
- Separately Metered for PG&E
- Private Restrooms in Every Unit
- Onsite Tesla Superchargers
Executive Summary
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.
Property Facts
3 Units Available
Unit 1402
| Unit Size | 2,045 SF | Condo Use | Office/Medical |
| Price | $1,083,850 | Sale Type | Investment or Owner User |
| Price Per SF | $530.00 | No. Parking Spaces | 8 |
| Unit Size | 2,045 SF |
| Price | $1,083,850 |
| Price Per SF | $530.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 8 |
Description
Southeastern facing cold shell medical/office/retail unit in the corner of Building H facing Concannon Blvd with direct access off of the rear parking lot. Building Signage is available above the entrance for each unit within the project. Every unit is separately metered for PG&E with 200 amps of total power. Water is sub-metered for each unit and trash is included in the HOA dues which are equal to approximately $.49/sf/month.
Sale Notes
Owner/user or investment sale. Currently a vacant, cold shell unit. Attractive SBA financing requiring only 10% down payment is obtainable here for an owner/user of at least 51% of the condo size.
Unit 1418
| Unit Size | 875 SF | Sale Type | Investment |
| Price | $550,000 | Cap Rate | 5.70% |
| Price Per SF | $628.57 | NOI | $31,364 |
| Condo Use | Office/Medical | No. Parking Spaces | 3 |
| Unit Size | 875 SF |
| Price | $550,000 |
| Price Per SF | $628.57 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| NOI | $31,364 |
| No. Parking Spaces | 3 |
Description
Very rare, small, corner commercial office condominium investment unit leased to Valley Hope Acupuncture Clinic. Suite has a private restroom, several treatment rooms, and a reception/waiting area.
Sale Notes
Rare Commercial Investment Sale Opportunity. 5 year lease term through 8/31/28, true NNN lease, personal guaranty on lease. Please contact Brokers for additional information on the lease.
Unit 1420
| Unit Size | 875 SF | Sale Type | Investment |
| Price | $510,000 | Cap Rate | 6.01% |
| Price Per SF | $582.86 | NOI | $30,633 |
| Condo Use | Office/Retail | No. Parking Spaces | 3 |
| Unit Size | 875 SF |
| Price | $510,000 |
| Price Per SF | $582.86 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| NOI | $30,633 |
| No. Parking Spaces | 3 |
Description
Very rare, small, commercial office condominium investment unit leased to JEI Learning Center. Consists of a large open office area, and a single private restroom.
Sale Notes
Rare Commercial Investment Sale Opportunity. 3 year lease term through 9/30/25, true NNN lease, personal guaranty on lease. Please contact Brokers for additional information on the lease.
Amenities
- 24 Hour Access
- Courtyard
- Raised Floor
- Signage
- Wheelchair Accessible
- Car Charging Station
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
- Fiber Optic Internet
zoning
| Zoning Code | CO (Office, Medical, Retail, Commercial) |
| CO (Office, Medical, Retail, Commercial) |
Presented by
1400-1422 Concannon Blvd - Bldg H
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