2213 Buchanan Road is a leased 26,350 square foot multi-tenant Class B office building in the Plaza Lynda Office Park in Antioch, California. With its excellent location and its generous parking ratio it supports medical and general office uses and has a history of significant healthcare related tenancy. The property is 74% leased through early 2012 with the 70% Kaiser Foundation tenant potentially vacating early. The Building was built as 24 condominium units, yet none have been sold individually, providing a variety of ownership and investment strategies.
Price: $74 PSF at $1,950,000 - A deep discount to replacement
Near-Term Occupancy: 4%
Replacement Cost Est.: $230-$250 psf
Land: 1.28 acres
Parking Ratio: 4.69 per 1,000 sf, 35 Spaces in Subterranean Garage