1181 Central Blvd - Medical FOR SALE


Brentwood, CA 94513
$4,903,000 USD
925-974-0237
1181 Central Blvd, Brentwood, CA for Sale
$4,903,000 USD
Medical - FOR SALE
1/4
null | 6.25% Cap Rate

1181 Central Blvd
Brentwood, CA 94513


HIGHLIGHTS

  • High quality multi-tenant medical office building.
  • Annual increases in several of the leases.
  • For sale from original developer- meticulously maintained with beautiful landscaping.
  • Easy access to Highway 4, John Muir, and abundant retail amenities.
  • Healthcare properties typically perform well in challenging economic times, as the tenants provide essential medical services.
  • Brentwood is thriving with an affluent, growing population and significant new residential and commercial development.

OVERVIEW

Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire a high quality, multi-tenant leased medical investment at 1181 Central Blvd (the “Property”) in Brentwood, California. Currently 100% leased to six tenants (five of which are medical tenants on net leases) with staggered lease expirations, the Property represents an excellent passive investment situated within TownCentre Brentwood, a thriving 3 building medical project. Reach out to brokers for full OM.

FOR SALE DETAILS

PRICE

$4,903,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

PD-10

APN/PARCEL ID

013-010-091-0

ASK ABOUT THIS PROPERTY

Forrest GherloneNewmarkMore Info
925-974-0237

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Forrest GherloneNewmarkMore Info
925-974-0237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.