Multi-tenant investment opportunity – Del Norte Plaza. This outdoor mall consists of a diverse, e-commerce resistant tenant lineup comprised of retail, restaurant, and service commercial tenants – creating a stabilized stream for a new investor. Parcel includes 50 parking spaces in large parking lot with 2 curb cuts onto busy San Pablo Avenue. Leasable area: 25,645 RSF. Land area is .67 acre.
CURRENT TENANTS:
– Los Moles Restaurant
– Little Caesars Pizza
– Annapurna Mart
– Gina Beauty Supply
– Sunny Day Spa
– Gina Beauty 4 U
– Vasco Career College
– Del Norte Liquors
– Western Dental & Orthodontics
Year built/remodeled: 1980. Ownership is Fee Simple (Land and Building Ownership).
11 electric charger stations available in parking lot in safe location.
198' frontage along San Pablo Avenue.
Ideally located at signalized, hard corner intersection of Potrero Avenue and San Pablo Avenue (State Route 123) with 59,000 VPD.
The site also benefits from nearby access to I-80 (208,000 VPD) making this an ideal, centralized location with easy commutes.
Direct consumer base with strong regional/local tenants on a dense retail corridor within close proximity of many national tenants including nearby Safeway, Home Depot, Harbor Freight, Walgreen’s, and Starbucks.
Strong demographics in 5-mile trade area, supported by over 200,000 residents and 80,000-100,000-plus daytime employees.
Residents within a one-mile radius earn an average household income of $175,000.
Adjacent to Post Office, across from Harbor Freight Hardware Store.
Near El Cerrito and Del Norte BART.
Easy freeway accessibility between both 1-80 and I-580, and the entire SF Bay Area.