7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
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7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
7.0% CAP Rate AutoZone-Anchored Retail Center
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7.0% CAP Rate AutoZone-Anchored Retail Center

1611-1663 A St , Antioch , CA 94509

$6,195,001

PROPERTY FACTS

Sales Price: $6,195,000
Status: For Sale
Building Size: 41,638 SF
Lot Size: 2.45 AC
Property Type: Retail
Year Built: 1964

INVESTMENT HIGHLIGHTS

STRONG IN-PLACE CASH FLOW
• 7.0% in-place cap rate with strong existing income
• Upside to ~9.0%+ stabilized return (3 Vacant Units)
• NNN lease structure with minimal landlord expenses

TREMENDOUS VALUE ADD OPPORTUNITY
• In-place rents average ~$0.87/SF (NNN), well below market levels, providing significant mark-to-market upside.
• ±11,500 SF of vacancy provides immediate lease-up opportunity
• Opportunity to significantly grow NOI through stabilization

BELOW REPLACEMENT COST & MARKET PRICE PER/SF
• Attractive basis at ~$148/SF, below comparable retail sales
• Significantly below replacement cost with substantial upside potential

PRIME RETAIL CORRIDOR
• AutoZone-anchored center driving daily traffic
• Positioned on a high-traffic corridor (~20,000+ VPD)
• Surrounded by national retailers (Starbucks, Taco Bell, Wells Fargo, etc.)
• Dense infill location with built-in customer base

MULTI-TENANT RETAIL CENTER
• ±41,638 SF retail center on a 2.45-acre lot
• Building size per public record is 44,440 SF, rent roll reflects approximately 41,638 SF (Buyer to verify).
• 15-unit multi-tenant property
• Constructed in 1964
• ±100 parking spaces (±2.4/1,000 SF ratio)

David Taxin

David Taxin

Jeremy Awdisho

Jeremy Awdisho

List With David Taxin

David provides his clients with strategic advice to help create and grow wealth through commercial real estate investments.