DaVita Dialysis anchored Retail Center
Three Tenant retail pad in a Target shadow anchored shopping Center
Marketing description
Introducing a prime investment opportunity in the thriving Richmond area. This impressive Retail Center boasts a 12,255 SF building with 100% occupancy across 3 units, anchored by the esteemed DaVita Dialysis. Strategically positioned within the bustling Macdonald 80 Shopping Center anchored by a Target Store, this property enjoys high visibility off busy I-80, with a daily traffic count of 210,000 cars. With a long-term occupancy of 65% by DaVita Dialysis since 2011, and staggered lease terms extending into the 2030s, this investment offers stability and potential for sustained returns. Don't miss out on this rare chance to secure a high-performing asset in a rapidly growing community.
The property is located in the Richmond-El Cerrito-San Pablo Corridor, with over 163,000 people in a 3 mile radius, and major housing activity in the past few years with home prices in excess of $1 mil. in nearby Albany, El Cerrito, and Berkeley
Investment highlights
- Introducing a prime investment opportunity in the thriving El Cerrito-Albany and Richmond corrdor.
- Highly performing Retail Center boasting a 12,255 SF building with 100% occupancy across 3 units
- Long term anchor DaVita Dialysis is an established dialysis provider serving the community for over 15 years.
- The Barbershop and Beauty School tenants are committed to the location with the Beauty School having spent approx, $100K in TI costs
- Strategically positioned within the bustling Macdonald 80 Shopping Center anchored by a busy Target Store
- With a long-term occupancy of 65% by DaVita Dialysis since 2011, and staggered lease terms extending into the 2030s, this investment offers stability and potential for sustained returns
- PRIME LOCATION - 100% Leased - Three Tenant DaVita Dialysis anchored NNN Retail Center
- ATTRACTIVE NNN LEASES - with longer terms expiring between December 2029 and October 2034 - Two of the three tenants have renewal options
- LOCATED IN THE TARGET anchored Macdonald 80 Shopping Center in Richmond, CA
- NEAR BUSY I-80 (ADT 211,000 cars) and a population of 163,000 people within a 3 mile radius
- HIGH DEMAND RESIDENTIAL RADIUS - with a projected population growth of 0.7% between 2025-2030
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