Catalyst Commercial Partners is pleased to present the exclusive opportunity to acquire 1811 Broadway St— a fully-leased five-tenant strip retail center on a ±0.80-acre corner parcel in the heart of Concord. The property is offered at $3,500,000.
In-place income from a roster of short-term and month-to-month tenancies preserves immediate cash flow while keeping the site available for the buyer's highest and best use. Zoned RH (High Density Residential), the parcel supports 33 to 100 dwelling units per net acre. Concord's housing-driven growth cycle, makes this offering unusually well-positioned for a developer or shopping-center owner-operator with a future redevelopment thesis.
There is also an opportunity to stabilize the existing retail center by restructuring and signing long-term leases with current tenants.