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620 San Pablo Ave
Pinole, CA 94564
Del Monte Center · Retail Property For Sale
Investment Highlights
- Grocery anchored by 99 Cents Only.
- O’Reilly Auto Parts has been in occupancy since 2019 and expires in 2034, plus three 5-year options with 10% rent increases each term.
- By Year-6 of the cash flow analysis, the NOI is projected to increase over $208K or more than 22%.
- The anchor tenant has been in occupancy since 2007 and recently exercised the last 5-year option until 2028.
- Ten of the sixteen tenants at Del Monte Center have leased space at the Property since 2014 or earlier.
- Pinole is a desirable East Bay Area investment location.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
44,174 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
1.83 AC
Zoning
CMU
Frontage
138’ on San Pablo Ave
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 403-040-011-5 | Improvements Assessment | $6,215,448 |
| Land Assessment | $4,903,448 | Total Assessment | $11,118,896 |
Property Taxes
Parcel Number
403-040-011-5
Land Assessment
$4,903,448
Improvements Assessment
$6,215,448
Total Assessment
$11,118,896
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