5249 Deer Valley RdAntioch, CA 94531

Property Details for 5249 Deer Valley Rd

Year built

1998

Lot size

1.08 AC

Property size (Sq ft)

26,475 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

055-170-015-6

APU

551700156

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $12,227,796

  6.5%

  $11,287,197

  7%

  $10,480,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,744,518

  Geo Method

  $7,384,142

• Alternative Use

  Use

  Valuation

  Residential

  $13,996,124

  Hospitality

  $12,820,374

  Educational

  $10,666,401

  Medical

  $11,033,235

  Retail

  $16,592,179

Location Insight

City

Antioch

County

Contra Costa

State

California

Latitude

37.9632

Longitude

-121.78

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].