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Brookvale Medical Center 2023 Vale Rd 31,217 SF 100% Leased Office Building Richmond, CA 94806 $10,066,000 ($322.45/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Prospering Long-Term Tenancy
- Significant Tenant Commitment
- Strategically Located with Access to Strong Population Base
- Long Term Stable and Growing Cash Flow
- Attractive Lease Structure
EXECUTIVE SUMMARY
SINGLE TENANT, MEDICAL OFFICE BUILDING WIT H 15.5 YEAR ABSOLUTE NET LEASE
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
31,217 SF
Building Class
B
Year Built
1963
Price
$10,066,000
Price Per SF
$322.45
Cap Rate
6%
NOI
$603,950
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,609 SF
Building FAR
0.94
Lot Size
0.76 AC
Opportunity Zone
Yes
Parking
100 Spaces (3.91 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 417-180-010-7 | Improvements Assessment | $3,355,538 |
| Land Assessment | $1,515,404 | Total Assessment | $4,870,942 |
PROPERTY TAXES
Parcel Number
417-180-010-7
Land Assessment
$1,515,404
Improvements Assessment
$3,355,538
Total Assessment
$4,870,942
CONTACTS
-
Robert Gilley -
Brad Idleman -
Kevin Moul -
Andy Zighelboim -
Charlie Allen -
Colliers
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Brookvale Medical Center | 2023 Vale Rd
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