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Plaza One 3220 Blume Dr 45,010 SF 98% Leased Office Building Richmond, CA 94806 $10,904,250 CAD ($242.26 CAD/SF) 8.57% Cap Rate
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale 3220 Blume Drive, a 45,010 square foot multi-tenant office building in Richmond, California. The property is anchored by an investment-grade government tenant- the County of Contra Costa.
The County recently executed a new 10-year lease on the building's largest suite (suite 250, 11,846 SF- roughly 26% of the building). Commencing July 26, this signed lease coupled with another recent lease at suite 160 brings the property to approximately 98% leased and establishes a durable, credit-anchored income.
Please contact the listing agent for more information.
The County recently executed a new 10-year lease on the building's largest suite (suite 250, 11,846 SF- roughly 26% of the building). Commencing July 26, this signed lease coupled with another recent lease at suite 160 brings the property to approximately 98% leased and establishes a durable, credit-anchored income.
Please contact the listing agent for more information.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
45,010 SF
Building Class
B
Year Built
1981
Price
$10,904,250 CAD
Price Per SF
$242.26 CAD
Cap Rate
8.57%
NOI
$934,750 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,505 SF
Building FAR
0.34
Lot Size
3.01 AC
Zoning
C3, Richmond
Parking
80 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Conferencing Facility
- Day Care
- Fitness Center
- Food Court
- Food Service
- Property Manager on Site
- Restaurant
- Car Charging Station
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suites offer a mix of private spaces and open areas within a Hilltop business park featuring abundant parking and lush exterior landscaping.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 178A | 742 SF | Office | Full Build-Out | Now |
1st Fl-Ste 178A
| Size |
| 742 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 178A
| Size | 742 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suites offer a mix of private spaces and open areas within a Hilltop business park featuring abundant parking and lush exterior landscaping.
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 405-290-062-0 | Improvements Assessment | $2,532,523 CAD |
| Land Assessment | $2,361,892 CAD | Total Assessment | $4,894,415 CAD |
Property Taxes
Parcel Number
405-290-062-0
Land Assessment
$2,361,892 CAD
Improvements Assessment
$2,532,523 CAD
Total Assessment
$4,894,415 CAD
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Plaza One | 3220 Blume Dr
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