The Floor Store | Prime STNL Opportunity in Major Retail Hub

7181 Amador Plaza Road, Dublin, CA

$6,000,000

Price

4.87%

Cap Rate

$292,011

NOI

Overview
Cap Rate
4.87%
NOI
$292,011
Building Size
10,266 sqft
Lot Area
1.09 acres
Occupancy
100%
Class
B
Lease Type
Double Net
Year Built
1990
Price Per Sqft
$584.45
Zoning
DDZD
Gross Leaseable Area
10266
Parking Ratio
3.201
Description

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in The Floor Store located at 7181 Amador Plaza Rd in Dublin, CA. The subject property is 10,266 square feet, resides on 1.09 acres of land and was built in 1990. The Floor Store has six months remaining on their NN lease with 5% increases every two years and one, 5-year option remaining. The tenant has operated on site since 2009 demonstrating the strength of this location. Surrounding retailers include Sprouts, Safeway, Joann Fabrics, REI, PetSmart, Target, Hobby Lobby, Burlington Coat Factory, The Habit Burger, Panera Bread and Chuck E Cheese.

Highlights
  • Rare Single Tenant Net Leased Opportunity in Thriving and Rapidly Expanding Dublin, CA
  • Tenant has Operated at this Location for 13 Years; Strong Regional Operator with 9 Locations
  • Scheduled Increases - 5% Every Two Years; NN Lease Structure Landlord Responsible for Roof, Structure & Parking Lot
  • Strategically Positioned in Major Retail Hub with Multiple Grocery and National Big Box Tenants within Close Proximity
  • Strong Traffic Counts - 26,410 Vehicles Per Day with Amazing Access, Exposure & Visibility
Documents
Title
7181_Amador_Plaza_Rd_-_Dublin__CA__The_Floor_Store_.pdf
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Location
Gallery