|
|
|
PROPERTY
LOCATION |
Deer Valley Square
3416, 3426, 3428, 3436, 3448 and 3450 Deer Valley
Antioch, California
94531
map it
|
PROPERTY SUMMARY |
Type:
Retail
Class:
B
Price:
Contact Broker
Listed
Measurement/Yardstick:
80,406
Sq Ft
Number of Buildings:
3
Number of Floors:
1
Occupancy:
88%
Year Built:
1999
Year Renovated:
|
PROPERTY
DESCRIPTION |
Property is a 34,787 sf retail center comprised of 3 buildings on a total of 5.27 acres in Antioch CA, a midsized town about 45 miles NW of San Francisco. There is a stand-alone 13,905 sf Walgreens on 1 tax parcel, a stand-alone 3,500 sf McDonalds on another and a strip retail center with 17 ,382 sf of in-line space. Asset sits on a hard comer across from a Safeway anchored center and 0.25
miles from a Hwy-4 exchange. Visibility is a plus as the asset is elevated with easy access. Good DTCs of 36,300, 5.31/1,000 sf parking ratio. Subject sits on a ground lease with the school district. Ground rent was prepaid. There are 38 years of term remaining (Oct 2059) with no options. McDonalds is on a sub-ground lease with 4, 5-yr options left.
|
|
For more information contact
Mark Palmer
Palmer Capital, Inc.
mark@palmercapital.com
Tel:
916-462-6205
http://www.palmercapital.com
|
|
|
|
|