I was able to film a video tour of my listing at 1780 Monument Blvd in Concord, CA.
The property is 4,180 Sq. ft. and includes lifts for multiple cars. The shop repairs mufflers and is one of the only radiator repair shops in the East Bay Area.
Price: $1,500,000
Address: 1780 Monument Blvd
City: Concord
State: CA
ZIP: 94520
MLS #: 40895930
Square Feet: ±4,180
New Price – $1,500,000!
The owners of 1780 Monument Blvd have asked us to do a significant price reduction. We are lowering the asking price by $150,000 to $1,500,000.
This exceptional property boasted a traffic count of close to 30,000 cars per day (prior to Covid-19). It is a unique opportunity to own an automotive property in primarily a retail area.
It also allows for access from both directions on Monument Blvd with a left turn lane in front of it.
Call Peter today to discuss at 925-385-8798.
$50,000 Price Reduction
The owner of 3105 Lone Tree Way in Antioch has decided to drop the price by $50,000 to $875,000. This is despite investing in a new paint job on the exterior of the building.
This office or medical building is highly visible from Lone Tree Way being located on the corner of Lone Tree and Walton Lane. The building sits on a large lot with parking.
There is one vacant space in the building that would allow an owner-user to occupy the building immediately, with possible room for expansion.
Call Peter today at 925.385.8798 to discuss seeing the property.
Near Wilbur Avenue in Antioch lies a large warehouse lot with several usable spaces for lease. Two warehouse/industrial spaces have recently been listed, each with potential for a variety of uses.
The spaces are 2,700 SF each with large roll-up doors, bathrooms and office space. These units may be easily converted to accommodate your business or personal use. Contact Maclennan Investments with inquiries at (925) 385-8798.
At 511 Wilbur Ave. Suite A3, you’ll find an updated office space, along with a secondary office/meeting room and mezzanine above. View the listing for Suite A3 here.
Suite A7 has easy access to the mezzanine above the office and skylights for bright daytime lighting. View the listing for Suite A7 here.
For more details and pricing, check out the site listings for Suite A3 and Suite A7, or view them both here on LoopNet.
According to a report, the hottest commercial real estate class is industrial property.
The industrial sector has emerged as the growth leader in commercial real estate, according to a new report by Morningstar, a notion that’s in agreement with the wider consensus about industrial now leading income-generating real estate. As a darling among owners and investors, apartments may still be strong, but the industrial sector is the rising star.
That’s thanks to Amazon and e-commerce as a whole. Industrial logistics space outperformed office, retail, apartment and even light industrial space in terms of supply, demand, occupancy and rent growth in the first half of 2017, noted the report. Read More… on Commercial Property Executive.
The article details that much of the growth is due to Amazon and other e-commerce companies.
As recent sales of industrial properties indicate, the availability of industrial land in core Bay Area markets is not growing.
According to research by NREI, industrial real estate and industrial properties should stay hot in 2018. A majority of survey respondents indicated that they expect the industrial market to continue expanding for at least a year. Almost 23% of respondents believe that the growth will last 2 years.
Fewer respondents were concerned about oversupply in the industrial real estate market. Over 80% of respondents indicated that the supply was just right or that there was too little supply. (Too little supply seems to be the trend in the San Francisco Bay Area.)
The experts that responded ranked the West as the top region, followed closely by industrial properties in the South.
All signs indicate that industrial leasing and sales will maintain a strong pace in 2018.
Maclennan Investment Group, Inc. offers leasing, investment, and property management services to clients in Contra Costa, Alameda, & Solano Counties. Our primary markets are along the I-680 Corridor from Pleasanton north to Martinez, including Danville, Alamo, Walnut Creek, Pleasant Hill, Concord, Pacheco, and Clayton. And also along Highway 4 from Concord east to Bay Point, Pittsburg, Antioch, Brentwood, Oakley, and surrounding Delta towns.
Please call today to see how we can help you find space for your business or fill up your building with high quality tenants. You can reach us at 925.385.8798.
