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- LoopNet Team
1600 N Park Blvd
Pittsburg, CA 94565
Sonic Drive-In · Retail Property For Sale
Property Facts
Amenities
- Freeway Visibility
- Restaurant
- Signalized Intersection
- Drive Thru
About 1600 N PARK BLVD , PITTSBURG, CA 94565
Colliers International, as the exclusive advisor to the seller, is pleased to present the investment opportunity of the fee simple interest in a Sonic Drive-In restaurant located in Northern California’s Bay Area. The subject property is currently under construction and is scheduled to open in 1st quarter 2018. Upon close of escrow, the tenant will sign an absolute NNN lease with 10% rental increases every five (5) years throughout the Primary Term and the four (4) five (5) year Options to Extend. The site is located just off of Highway 4 in the city of Pittsburg amidst a variety of retailers including The Home Depot, WinCo Foods, Starbucks, Public Storage, Chevron, WalMart, Gamestop, Taco Bell and Planet Fitness.
Property Taxes
| Parcel Number | 088-151-044-0 | Improvements Assessment | $2,272,868 |
| Land Assessment | $1,561,724 | Total Assessment | $3,834,592 |
Property Taxes
