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Walmart Anchored Strip 2175 Loveridge Rd 27,349 SF 80% Leased Retail Building Pittsburg, CA 94565 $6,984,000 ($255.37/SF) 6.50% Cap Rate
Investment Highlights
- 80% Occupied | Value-Add Opportunity | Below Market Rent
- Strong Demographics In 5-Mile Trade Area
- High-Visibility Location | Signalized Hard-Corner Intersection | Walmart-Anchored Retail Center & Corridor
Executive Summary
• The property is located at the signalized hard-corner intersection of Loveridge Road and State Highway 4, benefiting from approximately 149,300 vehicles per day combined traffic counts. State Highway 4 alone carries approximately 135,000 vehicles per day, serving as a major commuter corridor through the region.
• The subject property is a shadow-anchored by a Walmart, positioning it within a dense and established retail corridor.
• The subject property is a shadow-anchored by a Walmart, positioning it within a dense and established retail corridor.
Property Facts
Sale Type
Investment
Property Type
Building Size
27,349 SF
Year Built
1991
Price
$6,984,000
Price Per SF
$255.37
Cap Rate
6.50%
NOI
$453,989
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.28 AC
Zoning
Community Commercial
Parking
158 Spaces (5.78 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 11
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Walmart Anchored Strip | 2175 Loveridge Rd
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