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600 Alfred Nobel Dr
Hercules, CA 94547

$4,225,000 USD

Office For Sale  •  11,061 SF

Property Details

  • Property Type Office
  • Total Building Size 11,061 SF
  • Lot Size 1.22 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.27 %
  • Tenancy Single
  • Zoning M, Hercules
30 Transit Score
40 Walk Score

Highlights

10-year lease with Chahal & Associates, LLC – in business over 22 years, founded 2003
Low-management modified net lease – tenant pays all operating costs directly except property tax, which is reimbursed
Tenant invested approximately $1,200,000 in high-quality custom improvements during 2020 full remodel
Two five-year renewal options with 2% annual increases
14 covered parking stalls in gated lot below building with additional shared parking via reciprocal agreement
Central location with easy freeway access to I-80, Highway 4, and I-680; walkable amenities nearby
Cap Rate: 6.27 %

Amenities

  • Bus Line
  • Central Heating
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
15 min - 9.4 mi
AirportDriveWalkDistance
Metro Oakland International 38 min - 28.0 mi
San Francisco International 51 min - 35.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Forrest Gherlone 925-974-0237 Newmark
Forrest Gherlone 925-974-0237 Newmark