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29875476
29875434

4210-4250 Macdonald Ave, Richmond, CA 94805

CM
CA 01876480
Real Broker
Listed by Real Broker
$6,850,000
102 days on market
Updated 35 days ago

4210-4250 Macdonald Ave

Details
APN 517-280-011-1; 517-280-012-9
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 12,421
Net Rentable (SqFt) 12,421
Units 7
Cap Rate 7.64%
Occupancy 100%
Tenancy Multi
Brand/Tenant AT&T, Subway (+2)
Lease Type NNN
Price per SqFt $551
Class A
Year Built 2008
Buildings 2
Stories 1
Acreage 1.025
Parking Spaces 100 spaces
Parking Per SqFt 8.05
Investment Type Owner/User

Retail | 7.64% CAP | 12,421 SqFt

Marketing description

Prime retail investment opportunity located within the Macdonald 80 Shopping Center, a well-established retail plaza built in 2008 with excellent highway visibility and exposure. This offering includes two parcels (APNs 517-280-011-1 and 517-280-012-9) with two buildings totaling seven units, plus the Grand Caf, a Chinese fast food restaurant business, all included in the sale. Parcel 517-280-011-1 features a five-unit building leased to national tenants including Panda Express, Subway, and AT&T, along with Grand Caf, an established owner-operated Chinese fast food restaurant. The included Grand Caf business provides flexibility for an owner-user to operate directly, or a buyer may choose to sell the business and lease the space to a new tenant for additional rental income. Parcel 517-280-012-9 includes two units occupied by Wingstop and KWW Kitchen Cabinets & Building Supply. The KWW unit can be delivered vacant, providing an excellent opportunity for an owner-user or the ability to lease at market rent for additional income potential. The property is located within a dominant regional shopping center anchored by Target and Wells Fargo, plus medical offices and other retail, generating strong consumer traffic and supporting long-term tenant stability. This is a rare opportunity to acquire newer construction retail with national tenants, strong in-place income, owner-user flexibility, and additional upside potential in a prime Richmond location.

Investment highlights

  • Building Features: Major Tenant, Multiple Tenant Building, 1 Restroom Per Unit, Cafeteria, Display Window, Front Sign, Showroom, Varies by Unit

  • Business Type: Restaurant, Fast Food, Commercial, Showroom.

  • Total Units: 7

  • Types of Lease(s): NNN

  • Rentable: Yes

  • Walls: Common Wall

  • Building Class: Class A

  • % Leased: 100

  • Location: Freeway Nearby, Mall, Neighborhood, Public Transportation Nearby, Restaurant Nearby, Shopping Nearby

  • # of Restrooms: 8

  • Retail SqFt: 12,421

  • Cap Rate: 7.64

  • Gross Scheduled Income: $770,000

  • Existing Lease Type: NNN

  • Tenant Pays: Common Area Maintenance, Electricity, Gas, Individual Meters, Insurance, Maintenance, Sewer, Taxes, Trash Collection, Water

  • Gross Rent Multiplier: 13.09

  • Special Listing Conditions: Offer As Is

  • Property Condition: Exterior-Very Good, Interior-Excellent,

  • Current Use: Restaurant, Retail, Varies by Unit

Listing Contacts

CM
CA 01876480
Real Broker
Listed by Real Broker

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Additional Information

Name
Cecilia Mu
License
01876480
Brokerage
Real Brokerage Technologies
Brokerage Phone
415-203-9568
Title
Realtor
Brokerage Address
39899 Balentine Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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