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480 San Ramon Valley Boulevard - Crossroads Of Danville, Danville, CA

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DetailMap
480 San Ramon Valley Boulevard - Crossroads Of Danville

Danville, CA 94526-3886 - Danville/Alamo Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:1960
Building Size:18,779 SF Land Area:1.37 AC (59,851 SF)
For Sale Price:$9,750,000 Price/SF:$519.20
Cap Rate:4.73 %
Parking:Free Surface spaces are available; Ratio of 5.68/1,000 SF
Features:Pylon Sign


The subject property is a well located shopping center in the town of Danville. Constructed in 1960, the shopping center consists of approximately 18,779 square feet on a 1.37 acre parcel.
There are 77 parking spaces and full cross easement parking rights to share the adjacent lot which has an additional 130 spaces.

The town of Danville is located in Contra Costa County in the East Bay of the San Francisco Bay Area. Danville is near several large business and cultural hubs such as San Francisco, Berkeley, Oakland and Silicon Valley. Served by the 680 freeway, the town is mostly residential with residents commuting to San Francisco and neighboring towns; San Francisco is about 30 miles away.
Danville is well-known for its expensive real estate and coveted country clubs. The schools in town are among the highest ranked in the nation for academic achievements. Danville is a very desirable place to live. Its beautiful surroundings, parks and recreational areas and fine restaurants make it a destination for visitors and home for its residents.

Since Danville residents incorporated their town in 1982, it has grown over the last three decades into a vibrant community with highly-ranked public schools, a busy commercial downtown, and cultural events.


Sale Notes:
We are pleased to present Crossroads of Danville located at 480-508 San Ramon Valley Boulevard which is a rare value add opportunity in one of the most sought after Northern California real estate markets. The subject property is a well located shopping center in the town of Danville. Constructed in 1960, the shopping center consists of approximately 18,779 square feet on a 1.37 acre parcel with 11 tenants. Crossroads of Danville is 100 percent leased with a mix of tenants offering a variety of food, office, education, health and beauty services. There are 77 parking spaces and full cross easement parking rights to share the adjacent lot which has an additional 130 spaces.

The town of Danville is located in Contra Costa County in the East Bay of the San Francisco Bay Area. Danville is near several large business and cultural hubs such as San Francisco, Berkeley, Oakland and Silicon Valley. Served by the 680 freeway, the town is mostly residential with residents commuting to San Francisco and neighboring towns; San Francisco is about 30 miles away.

Marcus & Millichap
Fabio Sangiorgi
(650) 391-1833




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