5860 Owens DrPleasanton, CA 94588

Property Details for 5860 Owens Dr

Year built

2002

Construction

STEEL FRAME

Lot size

4.46 AC

Property size (Sq ft)

96,904 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

941-2771-28

APU

941277128

Description

This exceptional Class A medical office building, totaling 92,738 square feet, presents a rare opportunity in the thriving Pleasanton market. Located at 5860 Owens Drive, this four-story, single-building complex offers immediate occupancy in multiple suites ranging from 1,722 to 1,957 square feet. Built in 2001, the building boasts modern finishes and high-end common areas, creating a sophisticated and professional environment. The property's prime location offers unparalleled convenience, situated adjacent to the BART station, ensuring easy access for patients and staff. Parking is exceptionally abundant, with a generous 4.8 spaces per 1,000 square feet of leased space, provided in both surface lots and a secure garage. The building's design incorporates dramatic glass lines, providing impressive views. This is an ideal setting for healthcare professionals seeking a prestigious and well-appointed medical office space in Alameda County. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. Don't miss this chance to secure your practice's future in this highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $44,756,276

  6.5%

  $41,313,484

  7%

  $38,362,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,006,752

  Geo Method

  $27,027,494

• Alternative Use

  Use

  Valuation

  Residential

  $51,228,720

  Hospitality

  $46,925,232

  Educational

  $39,041,244

  Medical

  $40,383,932

  Retail

  $60,730,824

Location Insight

City

Pleasanton

County

Alameda

State

California

Latitude

37.6991

Longitude

-121.899

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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