1910 BroadwayWalnut Creek, CA 94596

  • Office properties
  • 6,400 SF
For Lease

Property Details for 1910 Broadway

Year built
1967
Lot size
0.58 AC
Property size (Sq ft)
6,400 SF
Property type
Office properties
Property subtype
Office buildings
APN
178-412-011-3
APU
1784120113

Description

This exceptional Class A medical office building, located at 1910 Broadway in Walnut Creek, California, offers a significant opportunity for medical tenants. The property boasts a total of 38,000 square feet, with 20,000 square feet currently available for lease. This space is ideal for a variety of medical practices seeking a prominent location in a thriving community. The building features multiple tenancies, allowing for flexibility in space configuration. The available space is adaptable to suit the needs of a single large tenant or can be subdivided to accommodate multiple smaller practices. The building's convenient location in Contra Costa County, with easy access to major transportation routes, ensures high visibility and accessibility for patients and staff. Ample parking is provided, with a ratio of 5 spaces per 1,000 square feet. The property is zoned for medical use and is ready for immediate occupancy. The address is 1910 Broadway, Walnut Creek, CA 94596. Development of medical tenant space on the ground floor or multiple floors is possible, ranging from 10,000 to 20,000 square feet. This presents a unique chance to establish or expand a medical practice in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,955,917
    6.5%
    $2,728,538
    7%
    $2,533,643
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,113,878
    Geo Method
    $1,785,024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,383,388
    Hospitality
    $3,099,165
    Educational
    $2,578,469
    Medical
    $2,667,146
    Retail
    $4,010,952
1910 Broadway, Walnut Creek, California

Location Insight

City
Walnut Creek
County
Contra Costa
State
California
Latitude
37.9054
Longitude
-122.061
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
$53,555
$4,741,831
$5,202
$4,747,033
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