3231 Macdonald Ave - Restaurant FOR SALE


Richmond, CA 94804- North & East
$620,000 USD
650-690-6317
3231 Macdonald Ave, Richmond, CA for Sale
$620,000 USD
Restaurant - FOR SALE
1/11
null | 5.44% Cap Rate

3231 Macdonald Ave
Richmond, CA 94804
North & East


HIGHLIGHTS

  • Freestanding on Hard Corner
  • Bitesized deal
  • Full Restaurant Infrastructure
  • New Roof
  • Strategic location
  • Below market rents

OVERVIEW

For Sale - 5.44% CAP NNN Leased QSR in SF Bay Area priced Below Replacement Cost with Below Market Rent Opportunity to acquire a rare triple net leased Quick Serve Restaurant priced below replacement cost with below market rent located on a high visibility, high traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-size asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside of San Francisco on a high-traffic thriving retail corridor among national tenants, this building is currently home to a bustling taqueria that has become a beloved part of the community. Offering stable cash flow, this net leased freestanding restaurant located on a high-visibility/high-traffic hard corner with below-market rents provides a rare bite-size investment opportunity with solid fundamentals. Property Features: - Recent Capital Improvements – such as a new roof for long-term reliability. - Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration. - Below-market Rents – Potential upside Strategic Location: - Positioned on a high-trafficked hard corner - Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business. A chance to own a piece of Richmond's vibrant, evolving landscape. Whether you’re looking to continue the tradition of this popular taqueria or introduce a new concept to this highly desirable neighborhood, the possibilities are endless.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$896 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Full Restaurant Infrastructure on Hard Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CM-3

APN/PARCEL ID

516-182-024-5

ASK ABOUT THIS PROPERTY

Jacob BehningAOK, LLCMore Info
650-690-6317

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Jacob BehningAOK, LLCMore Info
650-690-6317

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