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4917 Appian Way 3,757 SF 100% Leased Retail Building El Sobrante, CA 94803 $3,500,000 ($931.59/SF) 7.20% Cap Rate
EXECUTIVE SUMMARY
This property is for the sale of the real property only, there are currently two tenants: Tenant one owns the business and the gas service station, all of the business fixtures are owned by the real property owner including the gas pumps and underground storage. The second tenant operates the automobile repair shop that is attached. The property includes all of the real property and the two automobile lifts and compressors. The business is owned by the tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,757 SF
Building Class
C
Year Built
1969
Price
$3,500,000
Price Per SF
$931.59
Cap Rate
7.20%
NOI
$252,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.27 AC
Zoning
R-B
Parking
8 Spaces (2.13 Spaces per 1,000 SF Leased)
Frontage
128’ on Appian Way
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 426-270-028-1 | Improvements Assessment | $350,605 |
| Land Assessment | $243,616 | Total Assessment | $594,221 |
PROPERTY TAXES
Parcel Number
426-270-028-1
Land Assessment
$243,616
Improvements Assessment
$350,605
Total Assessment
$594,221
CONTACT
-
Willie Jefferson -
New City Realty
1 of 4
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4917 Appian Way
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