1850 Gateway BlvdConcord, CA 94520

Property Details for 1850 Gateway Blvd

Year built

1987

Lot size

3.28 AC

Property size (Sq ft)

316,241 SF

Zone code

DB

Property type

Office properties

Property subtype

Office buildings

APN

126-342-008-3

APU

1263420083

Description

Concord Gateway I, located at 1850 Gateway Blvd, Concord, CA 94520, presents a remarkable opportunity for a single tenant to occupy 33,269 square feet of Class A office space. This prestigious 10-story building, situated on a 3.279-acre lot, boasts a total of 302,995 square feet and offers unparalleled amenities. Built in 1987, the property features 900 parking spaces in an on-site garage, ensuring ample convenience for employees and clients. The building's prime location in Concord, Contra Costa County, near Clayton Rd, provides easy access to downtown amenities. On-site conveniences include a state-of-the-art health club complete with showers and lockers, a professional property management team, and a convenient deli/restaurant. 24-hour security provides peace of mind. This single-tenant occupancy opportunity is ideal for a company seeking a modern, well-maintained, and amenity-rich workspace in a desirable location. The property's impressive size and high-quality features make it an exceptional investment for businesses seeking to establish a strong presence in the Concord market. The building's executive office subtype caters to businesses requiring a sophisticated and professional environment.

• CAP approach

  CAP return

  Valuation

  6%

  $109,425,464

  6.5%

  $101,008,120

  7%

  $93,793,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $90,296,288

  Geo Method

  $88,202,776

• Alternative Use

  Use

  Valuation

  Residential

  $125,250,072

  Hospitality

  $114,728,392

  Educational

  $95,452,672

  Medical

  $98,735,440

  Retail

  $148,481,936

Location Insight

City

Concord

County

Contra Costa

State

California

Latitude

37.9719

Longitude

-122.042

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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