Rare opportunity to acquire 44 Church Street (“Bridges”)and 480 Hartz Avenue (“Kaia’s”) in downtown Danville, California. The iconic restaurant buildings are 100% leased on a net basis with the Bridges expiring November 30, 2030 and Kaia’s expiring June 30, 2030.
Located in the very heart of affluent downtown Danville, the properties are immediately adjacent to the Village Theatre and the 200-stall Village Theatre municipal parking lot which provides ample parking for restaurant patrons.
The existing rent for both Bridges and Kaia’s is currently well below-market giving an investor the ability to increase income significantly if the tenants vacate or exercise their “Fair Market Value” options to extend. With rustic appeal and A+ locations, these buildings represent a unique occasion to invest in generational assets.