1099 Reganti Dr - Storefront FOR SALE


Concord, CA 94518
$4,500,000 USD
650-269-8797
1099 Reganti Dr, Concord, CA for Sale
$4,500,000 USD
Storefront - FOR SALE
1/14
null | 3.4% Cap Rate

1099 Reganti Dr
Concord, CA 94518


HIGHLIGHTS

  • Corner of Monument Blvd. and Reganti. 56 feet and vehicle entrance on Monument Blvd. Great visibility from high car count.
  • Three tenants have been in place for 10+ and 15+ years respectively. Long leases in place with options.
  • New roof, newly surfaced parking lot with 3 parking spots per 1000 sf.

OVERVIEW

First time on the market since 1916. The land is for sale, leased fee. Tenants have been in place for 10+ and 15+ years respectively. Very active on heavily traveled street approximately 1.5 miles from Bart. Get back your buildings at the end of the ground lease!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

3.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

PD

APN/PARCEL ID

147-021-022-8

ASK ABOUT THIS PROPERTY

Joan PlastirasProspect PropertiesMore Info
650-269-8797

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Joan PlastirasProspect PropertiesMore Info
650-269-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.