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Investment Highlights

  • 2-Tenant Investment Grade Net Leased Investment
  • Affluent Core Bay Area Submarket
  • 9 years of remaining Term
  • Minimal Ownership Responsibility

Executive Summary

2-TENANT NNN PROPERTY WITH INVESTMENT GRADE TENANTS
7 YEARS OF TERM REMAINING
JP MORGAN CHASE BANK
UNITED VETERNARY CARE
Long term Legacy Tenancy:
WAMU signed a lease as the first tenant to the project in 2006 who was then acquired by JP Morgan Chase Bank. The location has exceedingly high deposits at $326,000,000+. Chase completed interior renovations in 2022.
Veterinary practice has been in place since 2010 and was sold to larger group in 2020 who then renewed the lease. United Veterinary Care operates 115 practices across the country.
Project sits adjacent to a major power center anchored by Bestbuy, Barnes & Noble, The PGA Store, TJ Maxx and more. Very strong retail trade area.
Dublin is a highly affluent submarket located 35 miles east of San Francisco and 30 miles north of Silicon Valley. Home to excellent public schools, the area has doubled in population in just 20 years. Home to major HQ's Carl Zeiss Meditec, Sybase, Ross Stores, Calliduscloud, and multiple government agencies including Alameda County offices.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,659 SF
Building Class
B
Year Built/Renovated
2006/2022
Price
$6,202,673
Price Per SF
$931.47
Cap Rate
5.14%
NOI
$318,713
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.23 AC
Zoning
CI
Parking
52 Spaces (7.81 Spaces per 1,000 SF Leased)
Frontage
71’ on Dublin Blvd

Amenities

  • Corner Lot
  • Pylon Sign

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Chase Bank serves as the consumer and commercial banking division of JPMorgan Chase. The institution originated in 1799 when Aaron Burr established The Manhattan Company in New York City. Over two centuries, it evolved through mergers with entities like Chase National Bank (1955) and J.P. Morgan (2000). Today, the bank provides extensive financial services including personal banking, credit cards, mortgages, auto loans, and investment products. Business offerings encompass commercial banking, lending, and payment processing solutions. While maintaining a significant physical branch network, Chase also emphasizes digital platforms for modern customer needs.

  • United Veterinary Care
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000
United Veterinary Care Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Dublin Toyota
Bank of America
U.S. Bank
Five Guys
Lazy Dog Restaurant & Bar
Flagstar Bank N.A.
Lee's Sandwiches
Club Pilates
Starbucks
Peet's Coffee

Property Taxes

Property Taxes

Parcel Number
986-0035-005-00
Land Assessment
$991,433
Improvements Assessment
$2,252,314
Total Assessment
$3,243,747
  • Listing ID: 30844258

  • Date on Market: 2/1/2024

  • Last Updated:

  • Address: 4520-4530 Dublin Blvd, Dublin, CA 94568

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