STNL Black Angus Steakhouse

Highlights:

• Absolute NNN Ground Lease w/ Corporate Guaranty
• Destination Retail Location - The Streets of Brentwood
• Home to Top Performing National Co-Tenants
• Strong Surrounding Development
• Affluent Demographics and a Robust Housing Pipeline

Description:

Colliers is pleased to exclusively offer for sale a single tenant net-leased Black Angus located within The Streets of Brentwood – a premier ±358,700 SF open air retail and entertainment destination located in a high growth trade area in the San Francisco MSA. The property consists of a ±7,989 SF freestanding building positioned on a ±1.81 AC parcel.

The asset benefits from a 20-Year Absolute NNN Ground Lease (9.5 years remaining) with zero landlord responsibilities and 10% rent increases every five years, including options, along with frontage on Sand Creek Rd., just off State Route 4 with combined traffic counts in excess of ±86,558 VPD. The Streets of Brentwood is a top-ranked center that offers ample parking and attracts 4.4 million annual visits, with notable anchors and national co-tenants such as Sprouts, AMC Theatre, Barnes & Noble, DSW, Ulta, Bath & Body Works, Red Robin,
BJ’s Brewhouse, and more!

Adjacent to the site, there are several notable developments under construction, including a 4-story hotel, Sutter Health Medical, and Dutch Bros Coffee. The Sand Creek Road extension will provide direct access to the center for the affluent and fast-growing city of Antioch – further growing the property’s customer base. With the surrounding trade area growth and adjacent development, this Black Angus provides investors with a stable investment opportunity for years to come.

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