Delta Professional Plaza
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Delta Professional Plaza
2 Office Properties Offered at $4,200,000 in Antioch, CA
Investment Highlights
- Seasoned medical office offering
- High current and historical occupancy
- Ample parking (114 surface parking stalls)
Executive Summary
3501-3505 Lone Tree Way is a multi-tenant medical office offering located in Antioch, California (East San Francisco Bay Area). The property is comprised of two freestanding buildings, constructed in 1990, totaling roughly 28,052 square feet of gross leasable area on a 3.26-acre lot. The tenant mix includes doctors working in neurology and ophthalmology (eye doctor), a mental health clinic, cancer support group, general contractor, a family justice non-profit organization, and more. Several tenants have been leasing space at the subject property for more than 20 years. The property has ample onsite parking with 114 surface parking stalls. Access to the property is via one double-wide curb cut accessible to traffic traveling north on Lone Tree Way. Lone Tree Way is one of the main arterial corridors in Antioch/Contra Costa County and connects the property to Highway 4 in less than 5 minutes by car. Antioch, California is located in the eastern Bay Area, just 40 minutes from downtown San Francisco and 35 minutes from downtown Oakland. The Antioch BART station is situated less than three miles from the subject property.
Property Facts
Price | $4,200,000 | Number of Properties | 2 |
Price / SF | $97.26 / SF | Individually For Sale | 0 |
Cap Rate | 7.26% | Total Building Size | 43,184 SF |
Sale Type | Investment | Total Land Area | 4.89 AC |
Status | Active |
Price | $4,200,000 |
Price / SF | $97.26 / SF |
Cap Rate | 7.26% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 43,184 SF |
Total Land Area | 4.89 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
3505 Lone Tree Way, Antioch, CA 94509 | Office | 14,392 SF | 1989 | - |
3501 Lone Tree Way, Antioch, CA 94509 | Office | 28,792 SF | 1989 | - |
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Delta Professional Plaza
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