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Orinda Towers 89 Davis Rd

16,355 SF 49% Leased Office Building Orinda, CA 94563 $7,800,000 ($477/SF)

Investment Highlights

  • GENERATIONAL REAL ESTATE Core location in boutique downtown Orinda
  • SBA FINANCING POSSIBLE potential ability to occupy over 51% of the building, making SBA financing possible
  • VIBRANT DOWNTOWN SHOPS AND RESTAURANTS proximity to an array of restaurants, retail and service amenities
  • RARE ORINDA OWNER/USER OPPORTUNITY with attractive and stable in-place income from existing tenants.
  • ACCESS & TRANSIT immediate access to Highway 24 and walking distance to BART
  • AMPLE SURFACE PARKING is provided with 59 dedicated parking stalls.

Executive Summary

Newmark, as exclusive advisor, is pleased to present to owner/users or investors, the opportunity to acquire the 100% fee-simple interest in 89 Davis Road (“the Property”), an approximately 16,355-square-foot boutique office building, ideally located in Downtown Orinda, CA.
POTENTIALLY AVAILABLE FOR OCCUPANCY: 11,417 SF

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,355 SF
Building Class
B
Year Built
1983
Price
$7,800,000
Price Per SF
$477
Percent Leased
49%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,177 SF
Building FAR
0.39
Land Acres
0.97 AC
Zoning
Downtown Office District - Permitted uses include, but are not limited to a variety of office and medical uses
Parking
61 Spaces (4 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 240/260/280
  • 1,488-4,176 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Primed Medical Office Space in downtown Orinda. Ready to Occupy, Excellent Condition. Rent is Modified Gross. Tenant is responsible for pro-rata share of utilities and janitorial.

Space Size Space Use Condition Available
2nd Fl-Ste 240/260/280 1,488-4,176 SF Office/Medical Partial Build-Out Now

2nd Fl-Ste 240/260/280

Size
1,488-4,176 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 240/260/280

Size 1,488-4,176 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

Primed Medical Office Space in downtown Orinda. Ready to Occupy, Excellent Condition. Rent is Modified Gross. Tenant is responsible for pro-rata share of utilities and janitorial.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
268-141-020-1
Land Assessment
$2,788,796
Improvements Assessment
$4,581,391
Total Assessment
$7,370,187
  • Listing ID: 31545769

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 89 Davis Rd, Orinda, CA 94563

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