2508 Verne Roberts Circle $3,400,000

    Close

    2508 Verne Roberts Circle Antioch, CA 94509

    • 9,600 sq. ft.
    • 0.23 Acres
    • Commercial Sale
    • MLS# LC22140891
    Favorite Share
    Views: 24 Days On Market: 164

    Go Tour This Listing

    Schedule A Showing

    Property 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 9 years with 6 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 5.5% cap rate with an NOI of $188,857/yr. Annual CPI increase. Tenant pays majority of property taxes for 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.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Contra Costa
      • Industrial Type Warehouse/Office
      • Number Of Buildings 1
      • Number Of Units Leased 1
      • Number Of Units Total 1
      • YearBuilt 2007
    • Building Features
      • Cooling Central Air
      • Heating Central
      • Laundry Features None
    • Property Features
      • Lot Size Acres 0.23
      • Lot Size Dimensions 83 x 121
      • Parking Total 31.00

    Contact

    Neighborhood

    94509 (Antioch) Demographics

    36 Median Age
    3,888 Population Density (per sq. mile)
    26% College Educated
    $68,224 Estimated Median Income
    12,331 Estimated Total Home Owners
    9,413 Estimated Total Renters
    57% / 43% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    69,295 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $550,000 Median Sales Price
    1 Homes Sold
    43 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,400,000
        6/28/2022 12:34:00 PM New in Database Source: Multiple Listing Service New Value: $3,400,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2022 6:41:19 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.