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Moraga Offices 346 Rheem Blvd 17,600 SF 63% Leased Office Building Moraga, CA 94556 For Sale
INVESTMENT HIGHLIGHTS
- Large, 1.69-acre infill parcel rezoned in 2023 to allow residential uses.
- Shorter-term tenants provide near-term revenue and leasing flexibility.
- Easy walking distance to downtown retail and dining, including Rheem Valley Shopping Center.
- Designated by the Town of Moraga as a Housing Opportunity Site
- Owner/user potential supported by ample on-site surface parking.
- Extremely affluent demographics with highly ranked schools across all grade levels.
EXECUTIVE SUMMARY
Opportunity to acquire 346 Rheem Boulevard (the “Property” or “Site”), an approximately 16,290 square foot multi-tenant office building situated on 1.69 acres in the affluent community of Moraga, CA. With a largely flat topography, shorter term tenants and the Rheem Mixed Office-Residential (RMOR) zoning allowing a permitted density of 24 units per acre, the Site is well suited for a residential or mixed-use redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
17,600 SF
Building Class
C
Year Built
1984
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,800 SF
Slab To Slab
10’
Building FAR
0.24
Lot Size
1.69 AC
Zoning
MU-OR - Mixed-Use Office-Residential; Allows for 20-24 Units per Acre
Parking
72 Spaces (4.09 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 202
- 530 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 205 D
- 554 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 207 A
- 354 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 103 | 1,303 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 110 A+B | 965 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 2,729 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 530 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 205 D | 554 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 207 A | 354 SF | Office | Full Build-Out | Now |
1st Fl-Ste 103
| Size |
| 1,303 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110 A+B
| Size |
| 965 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 2,729 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 530 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205 D
| Size |
| 554 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 207 A
| Size |
| 354 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 103
| Size | 1,303 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 110 A+B
| Size | 965 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 2,729 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 255-140-048-0 | Improvements Assessment | $3,738,804 CAD |
| Land Assessment | $1,855,480 CAD | Total Assessment | $5,594,284 CAD |
PROPERTY TAXES
Parcel Number
255-140-048-0
Land Assessment
$1,855,480 CAD
Improvements Assessment
$3,738,804 CAD
Total Assessment
$5,594,284 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Moraga Offices | 346 Rheem Blvd
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