547-569 W Clover Rd - Storefront FOR SALE


Tracy, CA 95376
$5,990,000 USD
949-468-2315
547-569 W Clover Rd, Tracy, CA for Sale
$5,990,000 USD
Storefront - FOR SALE
1/9
null | 5.16% Cap Rate

547-569 W Clover Rd
Tracy, CA 95376


HIGHLIGHTS

  • 2005 Construction, 100% Leased with Long Term Tenants, Anchored Starbucks Drive Thru
  • Shadow Anchored by In-N-Out Burger (NAP)
  • Over 100,000 People Within 5 Mile Radius
  • Over $152,000 Average Income Within 5 Mile Radius

OVERVIEW

Fountain Plaza is a retail center offering 10,875 square feet of space, constructed in 2005 on an approximately 1.03-acre lot. The property is anchored by a Starbucks drive-thru and is situated adjacent to highly successful, high-traffic businesses like In-N-Out Burger, McDonald’s, and Giant Burgers. The building and landscaping are meticulously maintained, featuring patio dining, awnings, and consistent, attractive signage. There are a total of nine tenants, primarily long-term. Most tenants are currently on gross leases or have fixed CAM (Common Area Maintenance) charges, offering the new owner the opportunity to transition to true NNN (Triple Net) leases as the existing leases expire, including renewal options.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$551 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fountain Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

131

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C2

APN/PARCEL ID

214-210-07

ASK ABOUT THIS PROPERTY

Mehran ForoughiNAI CapitalMore Info
949-468-2315

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Mehran ForoughiNAI CapitalMore Info
949-468-2315

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