For Sale
$3,799,999

309-311 Lennon LnWalnut Creek, CA 94598

14,878 SF Medical Office Building, $3.8M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 14,878 square foot Class B medical office building, located at 309-311 Lennon Lane in Walnut Creek, California, presents a compelling investment or owner-user opportunity. Priced at $3,799,999, it boasts a strong pro-forma NOI of $210,000. The multi-tenant property features two large, stable tenants in 311 Lennon Lane, each with long-term leases. The building offers ample parking (4.6 spaces per 1,000 sq ft) and updated restrooms and common areas with energy-efficient LED lighting. Situated in the desirable Shadelands submarket, it benefits from proximity to major medical institutions like Kaiser Permanente and John Muir Health, as well as numerous dining and recreational options, including Heather Farm Park and Boundary Oak Golf Course. Zoned BP-200, the property allows for multiple uses. SBA financing may be available to qualified buyers. This prime location and strong tenant base make this a highly attractive investment opportunity in a thriving medical hub. The property's address is 309-311 Lennon Lane, Walnut Creek, CA 94598, within Contra Costa County.

Highlights

  • SBA financing may be available.
  • 14,878 SF Class B medical office building with a $210,000 pro forma NOI.
  • Two large, stable tenants with long-term leases.
  • 4.6 parking spaces per 1,000 square feet.
  • Updated restrooms and common areas with energy-efficient LED lighting.
  • Zoned BP-200, allowing for multiple uses.

Property Details for 309-311 Lennon Ln

Property type
Office properties, Medical offices
Square Feet
14,878 SF
Class
B

Location Insight

City
Walnut Creek
County
Contra Costa
State
California
Latitude
37.926177
Longitude
-122.030176
309-311 Lennon Ln, Walnut Creek, California

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309-311 Lennon Ln
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