5249 Deer Valley RdAntioch, CA 94531

This exceptional three-story, 26,382 square foot Class B medical office building in Antioch, CA, presents a compelling investment opportunity. Located at 5249 Deer Valley Rd, this property boasts 24,638 square feet of net rentable space, currently 75% occupied by 14 diverse tenants in 12 suites. The building features a mix of suite sizes, ranging from 574 to 3,407 square feet, with an average size of 1,607 square feet. Four vacant suites, averaging 1,179 square feet, offer immediate value-add potential with existing medical/dental build-outs. The property sits on a 1.08-acre lot and provides ample parking (90 spaces per 1,000 sq ft). Recent capital expenditures include a new Pelican HVAC controller, updated fire sprinkler heads, and a parking lot slurry coat. The asking price is $5,375,000, representing a current cap rate of 6.42% and a pro-forma cap rate of 8.12%. The property benefits from a prime location, just one mile from Kaiser Permanente Hospital and near major freeways, providing excellent access and visibility. The building is zoned P-D and was constructed in 1999. This stabilized investment offers a strong current income stream with significant upside potential through lease-up of vacant units. The property also features two cell phone towers, adding to its overall value. This is a rare opportunity to acquire a trophy medical office building in a high-demand location.