1910 BroadwayWalnut Creek, CA 94596

Property Details for 1910 Broadway

Year built

1967

Lot size

0.58 AC

Property size (Sq ft)

6,400 SF

Property type

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.

• 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

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

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