Five Building Office Campus

$6,500,000

2401-2411 Stanwell Drive, Concord, CA 94520

For Sale

Office Business Park

Active

Last Updated: 06/25/2025

Details:

Cap Rate: 7%

Building Size: 56,803 sqft

Lot Area: 2.84 acres

Occupancy: 99%

Class: B

Lease Type: Modified Gross

Year Built: 1972/2001

Price Per Sqft: $114

Tenancy: Multiple

Floors: 12

Year Last Renovated: 2023

Gross Leaseable Area: 54,879

Floor: Concrete Slab

Offered by

Shawn Willis

Owner/Broker

Income Property Services A.G.

#01095619

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Highlights:

7% CAP AT ASKING PRICE
SELLER FINANCING WITH 6% FIXED, INTEREST ONLY, DUE IN 3 YEARS
VALUE ADDED POTENIAL IN LOT SPLIT, COMMERCIAL CONDO, COVERED LAND PLAY
OPERATIONAL UPSIDE
OWNED BY SAME FAMILY FOR DECADES
$1.3M+ IN RECENT UPDATES AND IMPROVEMENTS
CONSISTANT OCCUPANCY AND OPERATIONAL HISTORY

Description:

• 7% Cap rate and $118/s.f. at asking price AT BELOW MARKET RENTS
• SELLER WILL CONSIDER FINANCING AT 6% FIXED, INTEREST ONLY FOR 3 YEARS
• Possible commercial condominium, lot split, or covered land play opportunities
• Impeccably maintained asset with operational upside potential (unclaimed reimbursements)
• Strong occupancy history for decades
• Irreplaceable location close to transportation, shopping, business centers and Buchanan Field
• One building with $1.3M of recent, significant upgrades and improvements

The subject property is a five-building office campus totaling approximately 56,803 s.f., currently sitting on one legal parcel of approximately 2.84 acres (123,710 s.f.). Property tax records indicate that four of the buildings were constructed in 1972, while one building was built in 2001. The first four buildings constructed are single story, while the most recent building is two-story.