12249 San Pablo Ave - Storefront FOR SALE


Richmond, CA 94805- East Richmond
$1,500,000 USD
510-450-1420
12249 San Pablo Ave, Richmond, CA for Sale
$1,500,000 USD
Storefront - FOR SALE
1/60
null | 6.55% Cap Rate

12249 San Pablo Ave
Richmond, CA 94805
East Richmond


HIGHLIGHTS

  • Absolute NNN Leased Investment Property
  • Occupied by a grocery store since 1971
  • Tenant recently invested significant monies in the business and property, demonstrating a strong commitment to this location

OVERVIEW

- Hard to find single-tenant absolute NNN leased investment property in the Bay Area - Property has been occupied by a grocery store since 1971 - Great visibility on San Pablo Ave. (CA State Route 123), which features high daily traffic counts - One block to I-80 on/off ramps - Off-street parking area with access from both San Pablo Ave and Wilson Ave - Tenant recently invested significant monies in the business and property, demonstrating a strong commitment to this location

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C2

APN/PARCEL ID

517-100-026-7

ASK ABOUT THIS PROPERTY

Colby KatzMRE Commercial Real EstateMore Info
510-450-1420

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Colby KatzMRE Commercial Real EstateMore Info
510-450-1420

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