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2638 Somersville Rd
Antioch, CA 94509
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located within a master-planned mixed-use village adjacent to a 702-unit residential development site.
- Zoned C-3 Service/Regional Commercial District with Commercial Infill Housing Overlay, offering flexible redevelopment potential.
- Positioned along Somersville Road with excellent visibility and high traffic counts exceeding 135,000 AADT in the trade area.
EXECUTIVE SUMMARY
The Commercial Portion includes the existing grocery anchored five tenant ±40,677 SF in-line retail building located on ±11.61 acres. The retail building, which will be
maintained during and after redevelopment, is anchored by the neighborhood grocer Smart & Final which has seen steady sales growth at this location since 2016. Also included in the offering is the commercial pad located on the southeastern portion of the site which is currently ground leased to Starbucks (“Starbucks Pad”), and the currently undeveloped commercial pad (“Pad-J”), located at the southwestern corner of the site. The existing retail tenants provide the developer with a key in-place triple net income stream from day one of ownership, further adding to the unparalleled offering at The Village at Somersville Towne Center.
maintained during and after redevelopment, is anchored by the neighborhood grocer Smart & Final which has seen steady sales growth at this location since 2016. Also included in the offering is the commercial pad located on the southeastern portion of the site which is currently ground leased to Starbucks (“Starbucks Pad”), and the currently undeveloped commercial pad (“Pad-J”), located at the southwestern corner of the site. The existing retail tenants provide the developer with a key in-place triple net income stream from day one of ownership, further adding to the unparalleled offering at The Village at Somersville Towne Center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
40,677 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1966
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
11.61 AC
Opportunity Zone
Yes
Zoning
C-3 - Service/Regional Commercial District with Commercial Infill Housing Overlay District
PROPERTY TAXES
| Parcel Number | 074-450-036-4 | Improvements Assessment | $6,125,000 |
| Land Assessment | $5,235,000 | Total Assessment | $11,360,000 |
PROPERTY TAXES
Parcel Number
074-450-036-4
Land Assessment
$5,235,000
Improvements Assessment
$6,125,000
Total Assessment
$11,360,000
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