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951 Marina Village Pky 6,132 SF 100% Leased Retail Building Alameda, CA 94501 $2,800,000 ($456.62/SF) 5.88% Cap Rate
Investment Highlights
- Three (3) fully leased retail suites with 100% occupancy
- Shadow anchored by Lucky Supermarkets, generating consistent consumer traffic
- Located in one of the East Bay's most established and supply-constrained retail markets
- Service-oriented businesses less susceptible to e-commerce disruption
- Adjacent to the Marina Village Office Park, with a strong daytime employment base
Executive Summary
SVN | Capital West Partners, as exclusive advisor, is pleased to present 951 Marina Village Parkway, a premier multi-tenant retail investment opportunity located in the heart of Alameda, California. The ±6,048-square-foot neighborhood retail center consists of three suites and is 100% leased, providing investors with stable in-place cash flow and minimal management responsibilities. Anchored by a strong tenancy within an established retail corridor, the property benefits from its strategic location adjacent to Marina Village Office Park, a significant daytime employment base, and nearby residential growth at Alameda Landing. Ideally positioned within one of the East Bay's most supply-constrained retail markets, the offering is supported by strong surrounding demographics, consistent consumer demand, and excellent regional accessibility, presenting investors with a rare opportunity to acquire a well-located, fully leased retail asset with durable long-term investment fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,132 SF
Building Class
C
Year Built
1992
Price
$2,800,000
Price Per SF
$456.62
Cap Rate
5.88%
NOI
$164,722
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.62 AC
Zoning
MX, Alameda
Parking
50 Spaces (8.15 Spaces per 1,000 SF Leased)
Frontage
186’ on Marina Village Pky
Amenities
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Arts, Entertainment, and Recreation
- -
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$9.99
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 074-1334-038-00 | Improvements Assessment | $1,896,028 |
| Land Assessment | $1,210,639 | Total Assessment | $3,106,667 |
Property Taxes
Parcel Number
074-1334-038-00
Land Assessment
$1,210,639
Improvements Assessment
$1,896,028
Total Assessment
$3,106,667
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951 Marina Village Pky