Overview

Description

Essential CRE is pleased to present the opportunity to purchase the Moraga Executive Plaza located at 346 Rheem Blvd in Moraga, CA. The subject property is a two-story, 17,600 square foot professional office building that resides on 1.69 acres of land. The Moraga Executive Plaza was built in 1984 and features several small office suites on each floor with a majority of the tenants on month-to-month leases. The subject property is ideally situated for high-density residential development or medical office reposition. The large lot and setbacks provide for an optimal configuration that utilizes the site to its highest potential without negatively impacting the surrounding trade area.

Highlights

• High-Density Residential Development or Medical Office Reposition
• MU-OR (Mixed-Use Office-Residential); 20-24 Units Per Acre
• Opportunity; 1.69 Acre Lot with Ample Parking and Large Setbacks
• Covered Land Play; 82% Occupied Multi-Tenant Office with Month-toMonth Tenant Base
• Located within Close Proximity to Several Apartment Complexes as well as Rheem Valley Shopping Center and Campolindo High School
• Very High Demand for New Residential Developments and Medical Services in the Immediate Trade Area

Documents

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