4200 MacDonald Ave - Freestanding FOR SALE


Richmond, CA 94805- North & East
$5,195,000 USD
415-358-2111
4200 MacDonald Ave, Richmond, CA for Sale
$5,195,000 USD
Freestanding - FOR SALE
1/35
null | 7.25% Cap Rate

4200 MacDonald Ave
Richmond, CA 94805
North & East


HIGHLIGHTS

  • Prime Location-100% Leased-Three Tenant DaVita Dialysis anchored NNN Retail Center
  • Attractive NNN leases with longer terms expiring between December 2029 and October 2034- Two of the three tenants have renewal options
  • Located in the Target anchored Macdonald 80 Shopping Center in Richmond, CA
  • Near Busy I-80 (ADT 211,000 cars) and a population of 165,000 people within a 3 mile radius
  • High demand residential radius with a projected population growth of 0.7% between 2025-2030

OVERVIEW

Mary Alam of NAI Northern California, as exclusive advisor, is pleased to present for sale a DaVita Dialysis anchored retail pad located in the Macdonald 80 Shopping Center in Richmond, CA. The Shopping Center has a monument sign right off I-80 and is anchored by a successful Target Store and other retailers such as Wells Fargo, AT&T, Panda Express, Sally Beauty and more. The Subject property is leased to three tenants on a NNN basis and has housed DaVita Dialysis since 2011. The leases are NNN and the lease terms are staggered with expirations between December 2029 and October 2034. 2 of the 3 tenants have extension options. The property location in the Richmond-El Cerrito-San Pablo Corridor has seen major housing activity in the past few years with home prices in excess of $1 mil. in nearby Albany, El Cerrito and Berkeley.

FOR SALE DETAILS

PRICE

$5,195,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Anchored Retail Center 100% Leased-NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C-3

APN/PARCEL ID

517-280-014-5

ASK ABOUT THIS PROPERTY

Mary Alam, MBANAI Northern CaliforniaMore Info
415-358-2111

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Mary Alam, MBANAI Northern CaliforniaMore Info
415-358-2111

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