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15650 San Pablo Ave
San Pablo, CA 94806
Walgreens · Retail Property For Sale
Investment Highlights
- The City of San Pablo is centrally located 22 miles from San Francisco and 15 miles from Oakland
- Over 225,000 residents with an average income exceeding $120,000 in a 5-mile radius.
- Centrally located at a hard corner location at the intersection of San Pablo Ave and Richmond Parkway, with traffic counts in excess of 63,000 vpd
- A buyer will realize a 10% rent increase on January 1, 2027 and again if Walgreens exercises its first option
- Walgreens low base rent of $1.49psf per month provides significant future upside opportunity
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,855 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
1.67 AC
Zoning
C
Parking
79 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
141’ on San Pablo Ave
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 405-170-004-7 | Improvements Assessment | $1,920,459 |
| Land Assessment | $1,450,140 | Total Assessment | $3,370,599 |
Property Taxes
Parcel Number
405-170-004-7
Land Assessment
$1,450,140
Improvements Assessment
$1,920,459
Total Assessment
$3,370,599
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