600 Alfred Nobel Drive, Hercules, CA for sale

Investment Overview

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire 600 Alfred Nobel Drive (the “Property”), an approximately 11,061 square foot freestanding two-story office condominium in Hercules, California. The Property is 100% leased on a modified net basis to Chahal & Associates, LLC through April 3, 2035. The lease is guaranteed by Earned Wealth Holdings, L.P., a PE-backed financial services firm serving nearly 19,500 clients with approximately $3.4 billion in assets under management. Earned Wealth Holdings acquired Chahal & Associates in April 2025 and has since raised over $200 million in growth equity from Summit Partners and Silversmith Capital Partners. The guarantor’s institutional backing provides meaningful credit enhancement to the lease obligation. The tenant invested approximately $1,200,000 in high-quality interior improvements in 2020, reflecting a deep commitment to this location. The building includes an elevator, fire sprinklers, ample parking including 14 covered stalls in a gated lot below the building, and is centrally located with convenient access to Interstate 80, Highway 4, and Interstate 680.

Investment 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