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6211471
6211472

4520 - 4526 Dublin Blvd, Dublin, CA 94568

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton
$6,200,000
1581 days on market
Updated 13 days ago

Dublin Corners

Details
APN 986-35-5
Property Type Retail
Sub Type Bank
Square Footage 6,659
Net Rentable (SqFt) 6,659
Units 2
Cap Rate 4.90%
NOI $307,675
Occupancy 100%
Tenancy Multi
Brand/Tenant Chase Bank
Lease Type NNN
Lease Expiration 09/30/2031
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 2006
Buildings 1
Stories 1
Lot Size (SqFt) 9,840
Zoning Commercial Retail (PD Reso 06-95)
Investment Type Net Lease
Tenant Credit Corporate Guarantee

100% Leased, Freestanding, Multi-Tenant Retail Building in Dublin, CA

Marketing description

The Property is a Class-a Retail Strip Center Consisting of Two-tenant Pad Building occupied by JP Morgan Chase Bank and United Veterinary Care. Each tenant has 7 plus years of remaining lease term with lease escalations.

The Free-standing Building is Part of a Larger Strip Center Consisting of 4 Total Buildings and 4 Separate Apns.

The Project is 100% Occupied to a Diverse Mix of Regional and Local Businesses With a Long Standing History of Full Occupancy.

The Project is Located Within the Dublin Trade Area, 40 Miles East of San Francisco.

An Affluent and Desirable Suburban Community, the Property is Adjacent to a Major Power Center Anchored by Bestbuy, Barnes & Nobles, Tj Maxx and More. New Development in the Area Includes a Whole Foods Anchored Center (Constructed and Owned by Regency Centers) and Under Development, an Ikea Site

Investment highlights

  • Nearest Intersection: Dublin Blvd. & Toyota Drive

  • Tenancy: Two (2) National Credit Tenancy

  • Lease Types: NNN

  • Cap Rate: 4.9%

  • 2025 Noi (3/24-2/25): $307,675

  • Common Area Management: Per Separate Agreement With Adjoining Parcel Ownerships, No Ownership Responsibilities

  • Parcel Number: 986-35-5

  • Metro Market: San Francisco, East Bay, California

  • Property Type: Retail/commercial

  • Building Size: 6,659±sf

  • Lot Size: 9,840±sf

  • Year Built: 2006

  • Number of Stories: One (1)

  • Property Zoning: Commercial Retail (Pd Reso 06-95)

  • Zoning Municipality: City of Dublin

  • Current Tenancy: Multi-tenant

Listing Contacts

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$307,675.00
$25,639.58/mo

Valuation Metrics

0
DSCR
4.96%
Cap Rate
4.96%
ROI

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Additional Information

Name
Jessica Mauser
License
CA 01728720
Brokerage
Lee & Associates East Bay
Title
Managing Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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