Date: July 2009
Labeled:Owner User Sales
Size: 6,200 SF
City: Walnut Creek
Sold to a local doctor as an owner user sale. Office interior improvements were completely remodeled for medical use. Building did not require a use permit for medical. Sale was competitive for the Seller because the Buyer was negotiating with two other properties on the market and decided on 500 Lennon (after an extensive construction budget process). This was part of a double escrow; whereas, the Seller was in contract on a property in Pleasant Hill and needed to sell to the doctor in order to exchange. Financing was SBA. Eric Erickson represented the Seller.
