Antioch, CA 94509 2508 Verne Roberts Cir
$2,500,000



25 more


























Presented By: Roxanne Mercer with Roxanne Mercer Real Estate
Home Details
100% tenant occupied Class B building with Social Security Administration, a Government Entity who is a secure tenant and has been in place for 12 years with 3 years left on lease. Recession proof tenant. This property sits in the Delta Business Park Development on .23 acres. Fabulous property management company handles the Gov't requirements with such skill that it makes for a great investment property. Just go to the mail box and get the check. Currently a 3.2 % cap rate with an NOI of $90,000/yr. Higher expenses the last two years due to fulfilling GSA required improvements. Full service lease. Annual CPI increase. Tenant pays majority of property taxes for assessed amounts over $1,314,000 assessed value. Located near BART, Shopping and Dining. Constructed in 2007 and extensively renovated in 2013 for this tenant. Excellent Long Term Prospects for Occupancy. Social Security Administration has no indication of leaving and is not on the closure list.
Presented By: Roxanne Mercer with Roxanne Mercer Real Estate
Interior Features for 2508 Verne Roberts Cir
Bathrooms
Restrooms
Other Interior Features
Retail SqFt0
Dock Doors0
# of Elevators0
FlooringCarpet
Total Stories1
Warehouse Sq Ft
Other Rooms
Office SqFt9600
Offices1
General for 2508 Verne Roberts Cir
AccessibilityAccessible Bathroom(s), Accessible Doors
AuctionNo
Business TypeOther
Cap Rate5.55
CityAntioch
Close Price0.00
Construction MaterialsConcrete
CoolingCentral
CountyContra Costa
Current UseOffice
DirectionsHwy 4 to Pittsburg - Antioch Hwy, right on Verne Roberts cir. Left into business park. Last building on left.
Floor #
HeatingCentral
Lease Deposit
Lease TypeNet
LoadingNone
Lot Size Square Feet10062.00
Lot Size UnitsAcres
MLS AreaAntioch
Number Of Units Total0
PossessionClose Of Escrow, See Remarks
Property ConditionExterior-Excellent, Interior-Excellent
Property SubtypeOffice
Property TypeCommercial Sale
RoofOther
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeOffice, Warehouse
Tenants1
Year Built2006
Year Built SourceAssessor Auto-Fill
Zoning DescriptionIndustrial Park
Exterior for 2508 Verne Roberts Cir
# of Truck Doors
Building Area Total9600.00
Building ClassClass B
Foundation DetailsConcrete
Industrial SqFt
Lot Size Acres0.2310
Lot Size SourceAssessor Auto-Fill
Number of Buildings1
Parking FeaturesPrivate
Parking Ratio3.25
Road Frontage TypeCity Street
Total Parking31.00
Additional Details
Price History

Sean Gaynor-Rousseau
Broker Associate