3231 Macdonald Ave - Restaurant FOR SALE


Richmond, CA 94804- North & East
$540,000 USD
650-845-7965
3231 Macdonald Ave, Richmond, CA for Sale
$540,000 USD
Restaurant - FOR SALE
1/11
null | 6.3% Cap Rate

3231 Macdonald Ave
Richmond, CA 94804
North & East


HIGHLIGHTS

  • Freestanding on Hard Corner
  • Bitesized deal
  • Full Restaurant Infrastructure
  • New Roof
  • Strategic location
  • Below market rents

OVERVIEW

For Sale - 6.3% CAP NNN Leased QSR in SF Bay Area priced Below Replacement Cost with Below Market Rent Opportunity to acquire a rare triple net leased Quick Serve Restaurant priced below replacement cost with below market rent located on a high visibility, high traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-size asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside of San Francisco on a high-traffic thriving retail corridor among national tenants, this building is currently home to a bustling taqueria that has become a beloved part of the community. Offering stable cash flow, this net leased freestanding restaurant located on a high-visibility/high-traffic hard corner with below-market rents provides a rare bite-size investment opportunity with solid fundamentals. Property Features: - Recent Capital Improvements – such as a new roof for long-term reliability. - Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration. - Below-market Rents – Potential upside Strategic Location: - Positioned on a high-trafficked hard corner - Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business. A chance to own a piece of Richmond's vibrant, evolving landscape. Whether you’re looking to continue the tradition of this popular taqueria or introduce a new concept to this highly desirable neighborhood, the possibilities are endless.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$780 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Full Restaurant Infrastructure on Hard Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CM-3

APN/PARCEL ID

516-182-024-5

ASK ABOUT THIS PROPERTY

Jacob BehningAOK, LLCMore Info
650-845-7965

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Jacob BehningAOK, LLCMore Info
650-845-7965

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