1802 San Miguel Dr
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1802 San Miguel Dr
2,302 SF Office Building Walnut Creek, CA 94596 $1,600,000 ($695/SF) 3.50% Cap Rate
Investment Highlights
- Lots of natural light
- Private executive office with bathroom
- Located near downtown Walnut Creek
- Private lab/prep area
Executive Summary
Conveniently located near downtown Walnut Creek, this medical/dental office is equipped with six exam/treatment rooms, waiting room, records/receptionist area, prep room, executive office with its own restroom, and two additional restrooms. There is also an additional lab/prep area. Additionally, there are two spacious yard areas and natural light throughout. Previously utilized as a dental office for over 20 years, it is now open to all medical professionals, dentists, and potential tenants in the medical spa industry. The CC&R's governing the owner's association limit the use of the space to medical and dental uses.The current monthly owner's association dues for this unit are $2,098. The HOA includes all utilities fee and external maintenance.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
2,302 SF
Building Class
C
Year Built
1968
Price
$1,600,000
Price Per SF
$695
Cap Rate
3.50%
NOI
$56,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,302 SF
1 of 1
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Number | 180-380-001-8 | Total Assessment | $964,978 (2024) |
Land Assessment | $536,099 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $428,879 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
180-380-001-8
Land Assessment
$536,099 (2024)
Improvements Assessment
$428,879 (2024)
Total Assessment
$964,978 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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1802 San Miguel Dr
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