1213 California Ave - Fast Food FOR SALE


Pittsburg, CA 94565
$3,275,000 USD
818-522-4792
1213 California Ave, Pittsburg, CA for Sale
$3,275,000 USD
Fast Food - FOR SALE
1/2
null | 4.95% Cap Rate

1213 California Ave
Pittsburg, CA 94565


HIGHLIGHTS

  • Absolute Triple Net (NNN) Lease Structure – No Landlord Responsibilities
  • 8% Rental Increases every five year based on max CPI
  • Freeway Visible Signage w/apprx 160,000 VPD
  • High Average Household Income of $101,614 Within a 5-Mile Radius
  • Nearby Pittsburg High School - Over 3,000 Students Enrolled and Los Medanos College – Over 6,000 Students Enrolled
  • Next to Starbucks, Hampton Inn, Chevron and close to Super Walmart and many others

OVERVIEW

This drive-thru corporate Jack in the Box is strategically located off Highway 4 at the Railroad Avenue exit which sees a combined 160,000 vehicles per day. The site has Freeway visible signage, and this offering presents the opportunity to acquire a newer construction, national credit tenant with a recently extended lease and proven location. The property is next to Hampton Inn, Chevron and Starbucks and close to many other national tenants such as Super Walmart, Wendy’s, Sonic and Popeye’s.

FOR SALE DETAILS

PRICE

$3,275,000 USD

PRICE/SF

$1,286 USD /SF

CAP RATE

4.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,272 SF

ZONING

-

APN/PARCEL ID

073-190-028-8

ASK ABOUT THIS PROPERTY

Chris ThompsonIREA, Inc.More Info
818-522-4792

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Chris ThompsonIREA, Inc.More Info
818-522-4792

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