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Three-Building Retail/Office Project 3 Properties Offered at $1,950,000 in Pinole, CA
Investment Highlights
- Fully leased to daily-needs and service tenants, supporting steady traffic and cash flow.
- Well-maintained property with limited near-term capex needs.
- CMU zoning allows long-term commercial and residential redevelopment.
- Lease rollovers spread across multiple years, balancing income stability and upside.
- Signalized corner at San Pablo Ave & Appian Way with ±27,000 VPD and on-site parking.
- 92,000+ residents within three miles and $125,000+ average household incomes.
Executive Summary
Newmark, as exclusive advisor, is pleased to present 1677 & 1685 San Pablo Avenue and 759 Appian Way, a three-building commercial portfolio positioned at a high-visibility signalized intersection in Pinole, California. Totalinga ±9,741 SF, the portfolio is 88% to a diverse mix of service and daily-needs tenants, including a convenience store anchor, professional business offices, a law firm, a hair salon, massage therapy studio, and others—creating a stable tenancy well aligned with the surrounding community.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,950,000 | Number of Properties | 3 |
| Price / SF | $206.72 / SF | Individually For Sale | 0 |
| Cap Rate | 6.16% | Total Building Size | 9,433 SF |
| Sale Type | Investment | Total Land Area | 0.68 AC |
| Status | Active |
| Price | $1,950,000 |
| Price / SF | $206.72 / SF |
| Cap Rate | 6.16% |
| 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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Three-Building Retail/Office Project
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