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6203 Jarvis Ave 60,862 SF 100% Leased Retail Building Newark, CA 94560 For Sale
Investment Highlights
- Great Surrounding Tenants
Executive Summary
Core Bay Area Net Leased Investment Opportunity!
Irreplaceable infill East SF Bay location.
Corporate Sprouts lease – $6.1 Billion revenue & market cap of $2.6 Billion. Net sales up 5% from 2021 – comparable store sales growth of 2%
Corporate Fitness 19 – founded in 2003- 93+ locations – 13 states. Flagship location – ultra high value- full service gym. Primary full service fitness operator in trade area.
-Long term leases and fixed rental increases
-Affluent trade area and dense Bay Area demographics
-Highest traffic intersection in retail core
-Ease of management/NNN leases
-Open to new financing.
Irreplaceable infill East SF Bay location.
Corporate Sprouts lease – $6.1 Billion revenue & market cap of $2.6 Billion. Net sales up 5% from 2021 – comparable store sales growth of 2%
Corporate Fitness 19 – founded in 2003- 93+ locations – 13 states. Flagship location – ultra high value- full service gym. Primary full service fitness operator in trade area.
-Long term leases and fixed rental increases
-Affluent trade area and dense Bay Area demographics
-Highest traffic intersection in retail core
-Ease of management/NNN leases
-Open to new financing.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
60,862 SF
Building Class
C
Year Built
1991
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
5.50 AC
Zoning
GC - Commercial mixed use
Parking
861 Spaces (14.15 Spaces per 1,000 SF Leased)
Frontage
258’ on Jarvis Ave
Amenities
- Air Conditioning
Walk Score®
Very Walkable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 537-0521-037-00 | Improvements Assessment | $5,480,734 |
| Land Assessment | $8,183,865 | Total Assessment | $13,664,599 |
Property Taxes
Parcel Number
537-0521-037-00
Land Assessment
$8,183,865
Improvements Assessment
$5,480,734
Total Assessment
$13,664,599
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6203 Jarvis Ave
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