Three-Building Pinole Investment 3 Properties Offered at $2,070,000 in Pinole, CA
INVESTMENT HIGHLIGHTS
- Stabilized Cash Flow: In-place income across a portfolio with a mix of retail and office tenants.
- Flexibility Through Shorter-Term Leases: Majority of other tenants are on shorter terms, providing opportunity to re-lease or restructure over time.
- High-Visibility Location: Situated at the corner of San Pablo Avenue and Appian Way with over 27,000 vehicles passing daily.
- Anchor Tenant Stability: Long-term lease in place through 2032 with an established liquor store tenant occupying the entire 1677 San Pablo Avenue bldg
- Minimal Capital Requirements: Properties are well maintained and require limited near-term capital investment.
- Zoned for Long-Term Growth: Located within the Three Corners Specific Plan and zoned Commercial Mixed Use, supporting a variety of commercial uses.
EXECUTIVE SUMMARY
Newmark, as exclusive advisor, is pleased to present 1677 & 1685 San Pablo Avenue and 759 Appian Way—a three-building commercial investment portfolio located at a signalized intersection in Pinole, California. The ±9,741 square foot portfolio features stabilized in-place income from a mix of retail and office tenants, many on shorter-term leases that provide flexibility for a new owner. A liquor store tenant anchors the asset with a lease extending through 2032, offering reliable long-term cash flow. The properties are well maintained, benefit from excellent visibility with over 27,000 daily vehicles, and require minimal near-term capital investment.
PROPERTY FACTS
| Price | $2,070,000 |
| Price / SF | $219.44 / SF |
| Cap Rate | 6.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,433 SF |
| Total Land Area | 0.68 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 759 Appian Way, Pinole, CA 94564 | Office | 3,043 SF | 1975 | - |
| 1685 San Pablo Ave, Pinole, CA 94564 | Retail | 4,500 SF | 1979 | - |
| 1677 San Pablo Ave, Pinole, CA 94564 | Retail | 1,890 SF | 1971 | - |
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