6.3% CAP NNN Leased QSR in SF Bay Area 3231 Macdonald Ave 692 SF Retail Building Richmond, CA 94804 $540,000 ($780.35/SF) 6.30% Cap Rate

For Sale - 6.3% CAP NNN Leased QSR in SF Bay Area priced Below Replacement Cost with Below Market Rent
Opportunity to acquire a rare triple net leased Quick Serve Restaurant priced below replacement cost with below market rent located on a high visibility, high traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-size asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside of San Francisco on a high-traffic thriving retail corridor among national tenants, this building is currently home to a bustling taqueria that has become a beloved part of the community. Offering stable cash flow, this net leased freestanding restaurant located on a high-visibility/high-traffic hard corner with below-market rents provides a rare bite-size investment opportunity with solid fundamentals.
Property Features:
- Recent Capital Improvements – such as a new roof for long-term reliability.
- Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration.
- Below-market Rents – Potential upside
Strategic Location:
- Positioned on a high-trafficked hard corner
- Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business.
A chance to own a piece of Richmond's vibrant, evolving landscape. Whether you’re looking to continue the tradition of this popular taqueria or introduce a new concept to this highly desirable neighborhood, the possibilities are endless.