1165 Arnold Dr - Freestanding FOR SALE


Martinez, CA 94553- Outer Richmond/Martinez
$7,992,000 USD
415-509-6276
1165 Arnold Dr, Martinez, CA for Sale
$7,992,000 USD
Freestanding - FOR SALE
1/5
null | 5.4% Cap Rate

1165 Arnold Dr
Martinez, CA 94553
Outer Richmond/Martinez


HIGHLIGHTS

  • Features a newly opened Ross Dress for Less (S&P: BBB+) and a long-standing O’Reilly Auto Parts (S&P: BBB+)
  • Ross Dress for Less recently completed a full renovation/re-tenanting of a former Rite Aid space
  • The property benefits from extensive recent capital expenditures, including over $1.5 million in building improvements (2020)
  • The asset offers minimal landlord responsibilities, ideal for 1031 exchange buyers or investors seeking reliable, passive cash flow

OVERVIEW

The subject property is a two-tenant retail asset anchored by Ross Dress for Less and O’Reilly Auto Parts in a densely populated Bay Area submarket. Recent repositioning and renovations for both tenants, situated in in a grocery-anchored center and directly adjacent to Walmart and Home Depot on a major retail corridor at a signalized intersection.

FOR SALE DETAILS

PRICE

$7,992,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ross & O'Reilly Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

R-B

APN/PARCEL ID

377-111-018-0

ASK ABOUT THIS PROPERTY

David KramCP Partners CREMore Info
415-509-6276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David KramCP Partners CREMore Info
415-509-6276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.