Listed by Roessler Investment Group
$10,200,000
Eastwood Shopping Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 59,417
Cap Rate 6.10%
NOI $617,474
Occupancy 85.23%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.20%
Pro-Forma NOI $735,274
Price per SqFt $172
Year Built 1958
Acreage 3.830
Parking Spaces 225 spaces
Parking per 1,000 SqFt 3.79
Ground Lease No
Retail | 6.10% CAP | 59,417 SqFt
Marketing description
Cielo Supermarket is a strong local supermarket with strong sales and provides a strong anchor and draw for the Eastwood Shopping Center. The history of Cielo Supermarket dates back to years of Mexican traditions and customs. It is a family business founded by Hector and Fabiola Gomez along with her parents Luis and Lupita Ayala. Together they have 30+ years of experience serving the Contra Costa community through Hector's family markets.
Investment highlights
Strong local supermarket
Modest rents
Value-added
Listing Contacts
Listed by Roessler Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$617,474.00
$51,456.17/mo
Valuation Metrics
0
DSCR
6.05%
Cap Rate
6.05%
ROI
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