The Floor Store | Prime STNL Opportunity in Major Retail Hub
$6,000,000
7181 Amador Plaza Road, Dublin, CA 94568
For Sale
Retail
Free Standing
Active
Last Updated: 08/02/2024
4.87
Cap Rate
292,011
NOI
Details:
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: 10,266
Parking Ratio: 3.201
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
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.
Documents:
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7181_Amador_Plaza_Rd_-_Dublin__CA__The_Floor_Store_.pdf
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