FOR SALE - FOUR CONTIGUOUS OFFICE BUILDINGS

Transcription

1 FOR SALE - FOUR CONTIGUOUS OFFICE BUILDINGS Coons Office Park , 2222, 2226, 2228 CAMINO RAMON, SAN RAMON, CA C Rd Ca in w C ro on any o Ra on No JOHN ROBBINS, SIOR, FRICS x2130 jr@crcre.co LIC# ALYCE RADOS arados@crcre.co LIC# Coercial Real Estate Analytics & Investent Property Brokerage rr C is Mark Hinkins, CCIM, FRICS ark.hinkins@hinkinsrea.co LIC# an n yo Rd

2 Sale Suary Carpenter/Robbins Coercial Real Estate and Hinkins Real Estate Analytics has been retained as exclusive listing broker by The City of San Raon to sell the 100% fee-siple interest in 2220, 2222, 2226, & 2228 Caino Raon, San Raon (four condoiniu office properties), totaling ±18,480 square feet in the Coons Office Park. The four buildings will be vacated when the City of San Raon relocates to the new City Hall building, currently scheduled for the end of April, 2016.

3 Coons Office Park , 2222, 2226, 2228 Caino Raon, San Raon, California Ca B A in o D Ra C on Property Highlights The four buildings are used by the City of San Raon as adinistrative offices and City Council Chabers as well as housing various departents including Parks & Recreation, the City Manager and City Attorney offices, IT and Adinistration. Pass-through interior access has been created between the buildings, however they are easily convertible back to four separate units, and each building benefits fro its own parcel and separate APN. Building Address Square Footage Year Built Parking Ratio # Parking Stalls Land Area Price Price/Sq. Ft. A Caino Raon ±3,096 Sq. Ft. 4.84/1, ,096 $1,099,080 $355/psf B Caino Raon ±6,240 Sq. Ft. 4.80/1, ,240 $2,196,480 $352/psf C Caino Raon ±5,040 Sq. Ft. 4.96/1, ,040 $1,764,000 $350/psf D Caino Raon ±4,104 Sq. Ft. 4.87/1, ,104 $1,456,920 $355/psf TOTAL ±18,480 Sq. Ft. $6,516,480 $352.62/psf * Buildings can be purchased individually. Offers are invited for a bulk sale of all four properties.

4 Coons Office Park, San Raon, California Coons Office Park is strategically located in the heart of central Contra Costa County, one-half ile east of I-680, approxiately 12 iles fro Walnut Creek, 12 iles fro Pleasanton, and 25 iles east of San Francisco, California. The adjacent 585-acre Bishop Ranch Business Park coprises ±10.0 illion square foot of office, retail and hotel space with tenants including GE Digital, AT&T, Chevron, Bank of the West, SAP, and Accela and has a vacancy rate of ±2%. Iediately north of Coons Office Park is the Crow Canyon Coons Shopping Center anchored by Sports Authority and a Sprout s Superarket. Directly across Caino Raon is the San Raon Valley Conference Center and the Bishop Ranch Medical Center coplex with 151,000 sq. ft. of edical/dental office space including a John Muir Health Urgent Care Center. The office buildings benefit fro +4.0/1000 surfaced parking and being situated at the front of the Coons Office Park they have frontage to Caino Raon. Monthly association fees cover the upkeep of coon driveways, parking areas, landscaping, exterior structure of the units, fire sprinkler syste, and the fire alar syste.

5 Uses and Zoning The four condoiniu office buildings are zoned TCM The Coons Mixed Use. Peritted uses include professional office, edial office, and banks. Meeting facilities, schools and churches ight be allowed with a Use Perit. Value Add/Owner-User Opportunity 2220, 2222,2226, & 2228 Caino Raon provides a unique and rare opportunity to acquire four adjacent office buildings in an established and successful office park in central Contra Costa County. With each building being offered for sale separately or available as a bulk sale, 2220, 2222,2226, & 2228 Caino Raon provide opportunities for flexibility in use, the potential to attract rental growth fro repositioning the buildings and built-in expansion and investent opportunities through acquiring one or ore of the four buildings. Pricing Offers are invited for a bulk sale of all four properties. Buildings can also be purchased individually.

6 3160 Crow Canyon Road, Suite 200 San Raon, California JOHN ROBBINS, SIOR, FRICS Principal x2130 LIC# ALYCE RADOS President LIC# Coercial Real Estate Analytics & Investent Property Brokerage 3160 Crow Canyon Road, Suite 200 San Raon, California Mark D. Hinkins, CCIM, FRICS President LIC# The inforation contained herein was obtained fro third parties, and it has not been independently verified by the real estate brokers. Buyer/tenants should have their experts of their choice inspect the property and verify all inforation. Real estate brokers are not qualified to act as or select experts with respect to legal, tax, environent, building construction, soils-drainage or other such atters.