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24387723
24394868

6925-6935 Lone Tree Wy, Brentwood, CA 94513

MC
CA CA 01708023, NV NV 1002492 (+1)
Essential Capital Advisors
NC
CA 01977282, CA
Essential Capital Advisors
Listed by Essential Capital Advisors
$9,900,000
342 days on market
Updated 74 days ago

Tri City Auto & Retail Plaza

Details
APN 019-060-133-6
Property Type Retail
Sub Type Gas Station
Square Footage 10,090
Pumps 12
Cap Rate 5.92%
NOI $586,335
Occupancy 100%
Tenancy Multi
Brand/Tenant Chevron
Lease Type NNN
Rent Bumps Yes
Year Built 2008
Acreage 1.150
Parking Spaces 1.53 per 1,000 sq ft
Investment Type Owner/User
Ownership Fee Simple & Business

Chevron, ExtraMile, Xpress Lube, Little Caesars, CBD & More

Marketing description

Essential CRE is pleased to present the exclusive opportunity to acquire Tri City Plaza located in Brentwood, CA, one of San Francisco's Bay Area's fastest growing communities. This offering presents the opportunity acquire the fee simple and business interest in a Chevron service station and ExtraMile convenience store with a three-tenant leased strip center occupied by Xpress Lube, Little Caesars and CBD & More. The subject property is 10,090 square feet, resides on 1.15 acres of land, was constructed in 2008 and benefits from being strategically positioned on the signalized intersection of Lone Tree Way and Fairview Avenue with average daily traffic 31,884 vehicles per day.

Surrounding national retailers include Winco Foods, Target, Hobby Lobby, Best Buy, Old Navy, Burlington, Dollar Tree, PetSmart, Office Depot, Five Below, Harbor Freight, FedEx ShipSite, Pet Food Express, BevMo, Chick-fil-A, Panda Express, Starbucks, Panera Bread, Chili's, Habit Burger & Grill, Wendy's, Buffalo Wild Wings, Wingstop, Jollibee, Bank of America, Wells Fargo, Verizon, Shell and ARCO.

Investment highlights

  • Fee Simple & Business Acquisition Opportunity in Affluent East Bay Area Sub-Market with Rapidly Expanding Residential and Commercial Corridor - 26,896 VPD

  • Heavy Volume Chevron Service Station - 3 Bay, 12 Pump Canopy -3 USTs with 20,000 Gallon Regular 12,000 Gallon Premium and 8,000 Gallon Diesel

  • Chevron and Extra Mile C-Store Businesses Included with Fully Leased Xpress Lube, Little Caesars and CBD & More Strip Center Next Door to Auto Spa Car Wash

Listing Contacts

MC
CA CA 01708023, NV NV 1002492 (+1)
Essential Capital Advisors
NC
CA 01977282, CA
Essential Capital Advisors
Listed by Essential Capital Advisors

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$586,335.00
$48,861.25/mo

Valuation Metrics

0
DSCR
5.92%
Cap Rate
5.92%
ROI

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Additional Information

Name
Michael Cisternino
License
CA 01708023
Brokerage Phone
(925) 388-0888
Brokerage Address
3478 Buskirk Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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