For Sale
$4,185,000

1191 Central Blvd Brentwood, CA 94513

High-quality, multi-tenant medical office investment.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A medical office building, located at 1191 Central Blvd in Brentwood, California, presents a compelling investment opportunity. The 11,370 square foot, single-story building boasts 100% occupancy with four corporate-guaranteed tenants under net leases. Built in 2002, this meticulously maintained property features beautiful landscaping and benefits from staggered lease expirations with built-in rental increases, ensuring a stable and growing income stream. The property enjoys a 6.50% cap rate and a strong net operating income (NOI) of $272,044. Situated within the thriving TownCentre Brentwood, this investment benefits from convenient access to Highway 4, John Muir, and abundant retail amenities. The property's PD-10 zoning and fee-simple ownership provide additional investment security. The building's location in Brentwood, a rapidly growing area with an affluent population and significant new development, further enhances its long-term value. This stabilized investment is ideal for those seeking a passive income stream with built-in growth potential in a resilient sector of the commercial real estate market. The APN is 013-010-090-2. This is a fee-simple ownership opportunity.

Highlights

  • High-quality, 11,370 SF Class A medical office building in Brentwood, CA.
  • Multiple leases with annual rent increases.
  • Meticulously maintained property with attractive landscaping, offered by the original developer.
  • Excellent location with easy access to Highway 4, John Muir Medical Center, and abundant retail amenities.
  • Strong investment in a recession-resistant sector; healthcare tenants provide essential services.
  • Located in thriving Brentwood, a rapidly growing area with an affluent population and significant new development.

Property Details for 1191 Central Blvd

Property type
Office properties, Medical offices
Square Feet
11,370 SF
Class
A
Year Built
2002
Buildings
1
Stories
1

Location Insight

City
Brentwood
County
Contra Costa
State
California
Latitude
37.938285529779
Longitude
-121.69983297152

FAQs

What type of property is this?
Office property - High-quality, multi-tenant medical office investment.
Where is the office property located?
The property is located at 1191 Central Blvd Brentwood, CA.
What is the asking price?
The asking price for this property is $4,185,000.
What are key features of this property?
This property features: High-quality, 11,370 SF Class A medical office building in Brentwood, CA.; Multiple leases with annual rent increases.; Meticulously maintained property with attractive landscaping, offered by the original developer.
How can I contact the broker?
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1191 Central Blvd
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