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1424-1444 Concannon Blvd - Bldg G 1,121 - 2,188 SF Condo Units Offered at $605,340 - $1,422,200 Per Unit in Livermore, CA 94550
INVESTMENT HIGHLIGHTS
- Building Signage for Every Unit
- Separate Entrances to Each Unit (direct off parking lot)
- 200 Amps of Power for Every Unit
- Separately Metered for PG&E
- Private Restrooms in Every Unit
- Onsite Tesla Superchargers
EXECUTIVE SUMMARY
The Well at Sunset is a newly renovated project as of 2020. Each building was brought down to the studs/foundations and built back up with a brand new roof, siding, windows, electrical, etc. The four buildings on the northern end of the project were sold to a senior housing developer who has plans to construct a new senior housing development in the near future. The remaining 6 buildings on the south end of the project were renovated to be a new retail, medical, and office complex to serve the local community. Most retail, medical, and office uses are permitted in this zoning district. Tesla superchargers are onsite in front of Building A. Some outdoor patio areas are placed at key locations around the project. There is a 3.5 acre landscaped buffer zone between this project and the surrounding homes which will eventually be updated to include walking paths and benches once the senior housing development is finished.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Courtyard
- Raised Floor
- Signage
- Wheelchair Accessible
- Car Charging Station
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
- Fiber Optic Internet
2 UNITS AVAILABLE
Unit 1428
| Unit Size | 1,121 SF | Condo Use | Office/Retail |
| Price | $605,340 | Sale Type | Investment or Owner User |
| Price Per SF | $540.00 | No. Parking Spaces | 4 |
| Unit Size | 1,121 SF |
| Price | $605,340 |
| Price Per SF | $540.00 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
DESCRIPTION
Southern facing (Courtyard facing) cold shell retail/medical/office unit in Building G. Building Signage is available above the entrance for each unit within the project. Every unit is separately metered for PG&E with 100-400 amps of total power depending on size and use. Water is sub-metered for each unit and trash is included in the HOA dues which are equal to approximately $.56/sf/month. Can be purchased along with unit 1444 for a maximum total square footage of 3,309sf once they are combined.
SALE NOTES
Owner/user or investment sale. Currently a vacant, cold shell unit. Attractive SBA financing requiring only 10% down payment is obtainable here for an owner/user of at least 51% of the condo size. Can be combined with 1444 for a maximum total square footage of 3,309sf. Seller has attractive interest rate buy down options available, call for details.
Activity Map 11-1-25
Unit 1444
| Unit Size | 2,188 SF | Sale Type | Investment |
| Price | $1,422,200 | Cap Rate | 5.22% |
| Price Per SF | $650.00 | NOI | $74,304 |
| Condo Use | Retail | No. Parking Spaces | 8 |
| Unit Size | 2,188 SF |
| Price | $1,422,200 |
| Price Per SF | $650.00 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| NOI | $74,304 |
| No. Parking Spaces | 8 |
DESCRIPTION
Leased investment unit located on the northwestern corner of Building G and currently leased to AJ Bikes Sales & Repairs. Building Signage above the entrance of each unit is allowed for every unit within the project. Every unit is separately metered for PG&E with 200 amps of total power. Water is sub-metered for each unit and trash is included in the HOA dues which are equal to approximately $.56/sf/month.
SALE NOTES
Rare commercial investment sale opportunity. 5-year lease term through 3/31/29, true NNN lease, personal guaranty on lease. Please contact Brokers for additional information on the lease.
Activity Map 11-1-25
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1424-1444 Concannon Blvd - Bldg G
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