2701 W 10th St - Freestanding FOR SALE


Antioch, CA 94509
$2,921,000 USD
213-861-3386
2701 W 10th St, Antioch, CA for Sale
$2,921,000 USD
Freestanding - FOR SALE
1/13
null | 9% Cap Rate

2701 W 10th St
Antioch, CA 94509


HIGHLIGHTS

  • High barrier to entry local market with only 6 existing dispensaries in Antioch.
  • 2.78 Acre Corner Parcel additional income opportunities.
  • Lease term through 04/30/2029.
  • Robust tenant sales.
  • Below market rent in-place / rental upside potential.
  • Over 200 Amps of power and recent, significant improvements throughout.

OVERVIEW

Colliers, as exclusive advisor to the Seller, is pleased to present the opportunity to acquire the fee-simple interest in the Property known as 2701 West 10th Street in the city of Antioch, California. The Property boasts an outstanding corner location, on over 2+ acres, with excellent branding and identity, an abundance of secured parking, loading dock, and a large storage warehouse. This is a rare investment opportunity into a high barrier to entry market, with a single tenant leased asset with strong sales performance. The Property is part of a 6 Property Portfolio and can be acquired separately or as part of the Portfolio. The 17,000 SF Property resides on along West 10th Street, the “Pittsburgh-Antioch Highway” a busy thoroughfare in the City of Antioch and is in close proximity to the San Joaquin River and Suisun Bay. The Property is a well maintained, single story commercial building in excellent condition, with over 200 AMPS of power and recent, significant improvements throughout. The Property is located within Delta Business Park providing easy access to the I-680 and CA State Route 4 Freeways. Surrounding commercial tenancies include a mix of industrial and retail uses.

FOR SALE DETAILS

PRICE

$2,921,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Plant Retail Investment- Antioch 9 CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

PCB

APN/PARCEL ID

074-051-029-2

ASK ABOUT THIS PROPERTY

Gabe KadoshColliersMore Info
213-861-3386

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Gabe KadoshColliersMore Info
213-861-3386

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