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
RETAIL

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

READY TO DISCUSS YOUR PROPERTY?

Contact David or Jeremy directly to discuss a sale, lease, acquisition, or valuation.