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Kragen Auto Parts 1442 Fitzgerald Dr 10,500 SF Retail Building Pinole, CA 94564 $4,607,200 ($438.78/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Retail Location; Main Retail Corridor Visible From I-80
- Surrounded by All the Major Retailers: Best Buy, Target, Grocery Outlet, Marshall's, Nordstrom Rack, Ace Hardware, Chuck E Cheese, Michaels, TJ Maxx,
- Fire Sprinklered Masonry Block Construction Freestanding Building
- Absolute NNN Fully Leased O'Reilly Auto Parts Corporate Credit Tenant
- 180,000 Vehicles per day on I-80; Freeway Visibility;
EXECUTIVE SUMMARY
Single Tenant Fully Leased O'Reilly Auto Parts Building on primary retail corridor at a signalized intersection in major retail center.
5 years remaining plus (2) 5-year options. Continuous occupancy since 1995 (30 years).
Corporate Absolute Triple Net Lease. Below Market Rent.
NO CAPS ON NNN. FULL PASS THRU
Free Standing Building
New Roof surface installed 2023
Year Built: 1988
Fire Sprinklered Building
Roll Up Door
Building Size: 10,500 SF
Land Area: 1.39 Acres
APN: 426-080-013-3
5 years remaining plus (2) 5-year options. Continuous occupancy since 1995 (30 years).
Corporate Absolute Triple Net Lease. Below Market Rent.
NO CAPS ON NNN. FULL PASS THRU
Free Standing Building
New Roof surface installed 2023
Year Built: 1988
Fire Sprinklered Building
Roll Up Door
Building Size: 10,500 SF
Land Area: 1.39 Acres
APN: 426-080-013-3
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
1988
Price
$4,607,200
Price Per SF
$438.78
Cap Rate
5%
NOI
$230,360
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.39 AC
Parking
50 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 426-080-013-3 | Improvements Assessment | $1,367,913 |
| Land Assessment | $999,034 | Total Assessment | $2,366,947 |
PROPERTY TAXES
Parcel Number
426-080-013-3
Land Assessment
$999,034
Improvements Assessment
$1,367,913
Total Assessment
$2,366,947
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Kragen Auto Parts | 1442 Fitzgerald Dr
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