Description

Project NOI $1,880,676
47,000 foot+ Neighborhood Retail Shopping Center with corner pad approved for additional building of up to 22,000 feet. Completely refurbished 2008, this dynamic Center is now available. A fabulous location in Pleasanton, California with Grocery Store Anchor Space available. Room for restaurants, boutiques, coffee shops, sporting goods, etc.
Plentiful Parking - 300+ spaces
We are signing leases fast. Most recently a Sushi Restaurant, Dry Cleaners, Jewelry Store, Day Spa, Ice Cream Shop, and Hair Salon businesses have set up shop in the center and are thriving.
Excellent Demographics - Average household income within 3 mile radius over $130,000.
CAP RATE BASED ON PROJECTED NOI UPON LEASE UP AND BUILDOUT OF 2nd BUILDING
Valued at $26,000,000 at a 7% cap after full lease up and build out. 2nd building on corner pad approved but not constructed. We estimate approximately $600,000 to build.

Prime corner location surrounded by upscale homes and townhomes. Excellent demographics. Located on Pleasantons main artery, Bernal Avenue, walking distance to McDonalds, Subway, AM/PM Minimart.

The information herein has been obtained from sources we believe to be reliable. We have not verified its accuracy and make no guarantee, warranty or representation regarding this information and it is published subject to the possibility of errors, omissions, changing of listing information including price, term, financing, or withdrawal without notice. We include projections, estimates, opinions, and/or assumptions for example only, and they may not represent current or future performance of the property. You should consult your tax and legal advisors before to verify the validity of our estimates.