Listed by MRE Commercial
$1,500,000
12249 San Pablo Ave
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 4,250
Units 1
Cap Rate 6.55%
NOI $98,198
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $353
Lot Size (SqFt) 10,000
Investment Type Net Lease
Tenant Credit No Credit Rating
Occupancy Date 01/01/1971
Retail | 6.55% CAP | 4,250 SqFt
Marketing description
Highlights:
Hard to find single-tenant NNN leased investment property in the Bay Area
Property has been occupied by a grocery store since 1971
Great visibility on San Pablo Ave (CA State Route 123), which features high daily traffic counts
One block to I-80 on/off ramps
Off-street parking area with access from both San Pablo Ave and Wilson Ave
Tenant recently invested significant monies in the business and property, demonstrating a strong commitment to this location
Listing Contacts
Listed by MRE Commercial
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,198.00
$8,183.17/mo
Valuation Metrics
0
DSCR
6.55%
Cap Rate
6.55%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
