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- LoopNet Team
361 E Leland Rd
Pittsburg, CA 94565
Two-Tenant Retail Strip · Office Property For Sale
Investment Highlights
- 100% occupied net leased property provides minimal management responsibilities
- Excellent signage along Harbor St and E Leland Rd
- New Day Care tenant lease
- Strong transit capability at less than half a mile from Pittsburg Center Bart Station
Property Facts
About 361 E LELAND RD , PITTSBURG, CA 94565
A net leased two-tenant retail strip shopping center located in Pittsburg, CA. Both tenants are on new leases beginning in 2019 and 2022. The offering represents the opportunity to acquire a net leased strip building along a highly trafficked intersection in Pittsburg, with combined traffic counts of nearly 30,000 VPD. There are scheduled rent increases for Mercury Pharmacy allowing for additional long-term income and a hedge against inflation. The subject property is a net leased 4,485 SF retail building on a 13,667 SF lot located within Centurian Plaza. It is located less than half a mile from the Pittsburg Center Bart Station, and has a bus stop, allowing for easy transit to the location. Pittsburg’s primary retail arterial along Railroad Avenue, which sees over 30,000 VPD, is situated only a block away. The property is located within a designated Opportunity Zone, allowing for additional tax benefits (see page 7 for more information).
Property Taxes
| Parcel Number | 088-580-008-6 | Improvements Assessment | $751,480 |
| Land Assessment | $364,140 | Total Assessment | $1,115,620 |
Property Taxes
