1800 Sutter StConcord, CA 94520

  • Office properties
  • 190,227 SF
For Lease
$2.55/SF/YR View listing

Property Details for 1800 Sutter St

Year built
1988
Lot size
1.00 AC
Property size (Sq ft)
190,227 SF
Zone code
DB
Property type
Office properties
Property subtype
Office buildings
APN
126-272-013-7
APU
1262720137

Description

Sutter Square offers 86,720 square feet of immediately available Class A office space in downtown Concord, California. This prestigious nine-story building, constructed in 1988, boasts a striking two-story marble atrium, considered one of Northern California's finest. The property features efficient rectangular floor plans, ranging from 1,639 to 22,963 contiguous square feet, ideal for a variety of executive office needs. With a total of 176,637 rentable square feet, Sutter Square provides ample space for multiple tenants. The building is conveniently located just three blocks from both the Concord BART station and Highway 242, offering easy access to public transportation and major roadways. Furthermore, it's within walking distance of numerous restaurants and other businesses. Building amenities include a fitness center, on-site management, and robust security. The six-level subterranean parking garage offers 530 parking spaces with direct elevator access from each level. Four elevators service the office floors, and two provide access to the garage. A conference room is also available. The one-acre site is situated in Contra Costa County. This exceptional property presents a unique opportunity for businesses seeking a prime location and high-quality office space in a thriving business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $65,838,916
    6.5%
    $60,774,384
    7%
    $56,433,356
  • Comparable approach

    Method
    Valuation
    Relative Method
    $54,322,476
    Geo Method
    $53,056,212
  • Alternative Use

    Use
    Valuation
    Residential
    $75,360,232
    Hospitality
    $69,029,568
    Educational
    $57,431,792
    Medical
    $59,406,960
    Retail
    $89,338,344
1800 Sutter St, Concord, California

Location Insight

City
Concord
County
Contra Costa
State
California
Latitude
37.9738
Longitude
-122.037
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$199,683
$4,331,600
$13,051,400
$17,383,000
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