152-160 S Livermore Ave - Freestanding FOR SALE


Livermore, CA 94550- Downtown Livermore
$3,750,000 USD
408-966-5919
152-160 S Livermore Ave, Livermore, CA for Sale
$3,750,000 USD
Freestanding - FOR SALE
1/7
null | 5.75% Cap Rate

152-160 S Livermore Ave
Livermore, CA 94550
Downtown Livermore


OVERVIEW

NNN LEASED INVESTMENT - DOWNTOWN LIVERMORE • Two-Tenant NNN leased investment located on the main intersection of Downtown Livermore. • 100% leased to Peet’s Coffee & Tea and Tequila’s Taqueria. • Stable, in-place income from established food and beverage tenants. • Positioned along S Livermore Ave, the city’s main retail corridor. RARE TWO-TENANT - INVESTMENT OPPORTUNITY • ±4,140 SF two-tenant retail building in the heart of Downtown Livermore. • True NNN leases providing passive, management-free income. • Long-term leases secured through 2030. STRONG - IN-PLACE INCOME • ±$215,685 annual base rent ($17,973/month NNN). • 3% annual increases (Tequila’s Taqueria). • Renewal upside with both tenants holding (one) 1 (five) 5 year option at fair market rent. PRIME - DOWNTOWN LOCATION • Main street frontage with excellent visibility and accessibility. • High foot traffic driven by surrounding dining, retail, and entertainment. • Located in a high barrier-to-entry Bay Area retail submarket.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$906 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peet’s Coffee NNN Investment - DT Livermore

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

DCC

APN/PARCEL ID

097-0110-004-00

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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