Newmark is pleased exclusively offer a 4.99-acre garden multifamily site in Brentwood, CA located within walkability to plenty of local shopping and dining options. Located within Brentwood Priority Area 1 Specific Plan the property is zoned Multiple-Family Very-High Density Residential (MFVHDR) which allows 15-35 dwellings per acre. The site is also listed in the 6th housing element as an opportunity site for housing. The EIR is complete. Brentwood is a great bedroom commuter city in the East Bay of the San Francisco Bay Area. This suburban area has great access to BART via Antioch BART providing a one-hour BART ride to San Francisco. The median household income within 1 mile of the property is +/- $151,000, which is double the US Average. The area has a median home price just below $800,000 and expected population growth of 2%. The area has forecasted rent growth of 1.21% in 2024 and 3.89% in 2025. This would align well with construction delivery of the property. There are no deliveries in 2024, 2025, and 2026. As of December 2023, the Contra Costa unemployment rate stood at 4.5%.