5.53% CAP
·
no data
Mixed Use
Property Type
$2,548,239
Net Operating Income (NOI)
8 unit(s)
Total Units
5.53%
CAP RATE
8
Leasable Doors
No price data
Price per unit
- 85% Leased, Proforma CAP Rate 6.4% – Seller to provide credits for some Rents, TI’s or NNN expenses
- Exceptional tenant commitment to the center, over $18 million + in tenant improvements
- Long-term tenant stability with new 10-year lease terms, 3% average annual increase, + several options
- “Main and Main Location” – Strategically located with I-580 frontage, offering excellent freeway access and traffic exposure to over 211,000 vehicles daily. Situated off of El Charro Road, with an additional 68,000 vehicles per day.
- A substantial residential and daytime population, totaling approximately 195,219 individuals withing a 5-mile radius.
- Market driven appreciation – contributed to close proximity to major residential and commercial developments, including the Dublin Fallon 580 Project, the Francis Ranch Project, and the Righetti Property.
- Situated in a highly affluent trade area, with average household incomes in excess of $222,000 in a 1-mile radius
- Value-Add Opportunity: With 17 of 21 spaces currently leased, 10,505 SF remains available, offering significant upside upon 100% occupancy.
- Shadow Anchored by the San Francisco Premium Outlets – The Tri-Valley’s top-performing retail hub, attracts over 9 million visitors annually and generates upwards of $700 million in annual sales.
- Internet-Resistant Tenancy – A diverse mix of regional and local retailers, tenants include a mix of restaurant, health, beauty, and medical businesses.
