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Moraga Offices 346 Rheem Blvd 17,600 SF 63% Leased Office Building Moraga, CA 94556 For Sale
INVESTMENT HIGHLIGHTS
- Large, 1.69-acre infill parcel rezoned in 2023 to allow residential uses.
- Shorter-term tenants provide near-term revenue and leasing flexibility.
- Easy walking distance to downtown retail and dining, including Rheem Valley Shopping Center.
- Designated by the Town of Moraga as a Housing Opportunity Site
- Owner/user potential supported by ample on-site surface parking.
- Extremely affluent demographics with highly ranked schools across all grade levels.
EXECUTIVE SUMMARY
Opportunity to acquire 346 Rheem Boulevard (the “Property” or “Site”), an approximately 16,290 square foot multi-tenant office building situated on 1.69 acres in the affluent community of Moraga, CA. With a largely flat topography, shorter term tenants and the Rheem Mixed Office-Residential (RMOR) zoning allowing a permitted density of 24 units per acre, the Site is well suited for a residential or mixed-use redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
17,600 SF
Building Class
C
Year Built
1984
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,800 SF
Slab To Slab
10’
Building FAR
0.24
Lot Size
1.69 AC
Zoning
MU-OR - Mixed-Use Office-Residential; Allows for 20-24 Units per Acre
Parking
72 Spaces (4.09 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
office space available for lease
office space available for lease
office space available for lease
office space available for lease
office space available for lease
office space available for lease
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 103 | 1,303 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 110 A+B | 965 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 2,729 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 530 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 205 D | 554 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 207 A | 354 SF | Office | Full Build-Out | Now |
1st Fl-Ste 103
| Size |
| 1,303 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110 A+B
| Size |
| 965 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 2,729 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 530 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205 D
| Size |
| 554 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 207 A
| Size |
| 354 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 103
| Size | 1,303 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 110 A+B
| Size | 965 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 2,729 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
2nd Fl-Ste 202
| Size | 530 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
2nd Fl-Ste 205 D
| Size | 554 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
2nd Fl-Ste 207 A
| Size | 354 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
office space available for lease
1 1
PROPERTY TAXES
| Parcel Number | 255-140-048-0 | Improvements Assessment | $2,699,673 |
| Land Assessment | $1,339,784 | Total Assessment | $4,039,457 |
PROPERTY TAXES
Parcel Number
255-140-048-0
Land Assessment
$1,339,784
Improvements Assessment
$2,699,673
Total Assessment
$4,039,457
1 of 19
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Moraga Offices | 346 Rheem Blvd
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