Listed by Marcus & Millichap - Palo Alto
$1,800,000
1741 Clayton Rd
Details
APN 126-271-022-9
Property Type Retail
Square Footage 12,153
Net Rentable (SqFt) 12,153
Units 4
Cap Rate 5.72%
NOI $102,931
Occupancy 57%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 13.93%
Pro-Forma NOI $250,662
Price per SqFt $148
Year Built 1958
Stories 1
Lot Size (SqFt) 18,988
Zoning DMX
Investment Type Value Add
Ground Lease No
Core Bay Area Retail with Significant Upside
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire 1741 Clayton Road, a value-add mixed-use investment property located in the heart of Concord, California. The property consists of an approximately 12,153-square-foot commercial building situated on a 0.42-acre parcel with paved parking and mature landscaping. Originally constructed in 1958, the asset offers a compelling combination of in-place cash flow, leasing upside, and long-term redevelopment potential.
Investment highlights
- Upside in leasing currently vacant space;
- Upside in bringing rents to market;
- Low Price/SF at $148/SF;
- Zoned DMX - Allows a Variety of Uses, up to 200 Feet of Height and 6.0 Far
- Infill Bay Area Location
- Major Retail Corridor
Listing Contacts
Listed by Marcus & Millichap - Palo Alto
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
$102,931.00
$8,577.58/mo
Valuation Metrics
0
DSCR
5.72%
Cap Rate
5.72%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
