Two Buildings One Lot | 2056 & 2060 Colfax St., Concord, CA

Date: June 2005
Labeled: Investment Sales
Size: 3,400 SF / 2 buildings on one lot
City: Concord

The initial assignment was to sell the adjacent post office building on East Street. The Buyer was a second bidder for the post office. He offered on this second property, also owned and occupied by Rome Finance. The purchase price was set at a 7% cap rate and Seller leased back for 5 years. 2056/2060 Colfax was comprised of two buildings on one lot. Eric Erickson represented the seller. Property was one parcel with two buildings.