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Investment Highlights

  • Del Norte Plaza - an outdoor mall comprised of retail, restaurant, and service commercial tenants
  • 11 electric charger stations available in parking lot in safe location
  • Close proximity of many national tenants including nearby Safeway, Home Depot, Harbor Freight, Walgreen’s, and Starbucks
  • Parcel includes 50 parking spaces in large parking lot with 2 curb cuts onto busy San Pablo Avenue (State Route 123)
  • At signalized, hard corner intersection of Potrero Avenue and San Pablo Avenue (59,000 VPD); nearby access to I-80 (208,000 VPD)

Executive Summary

Multi-tenant investment opportunity – Del Norte Plaza. This outdoor mall consists of a diverse, e-commerce resistant tenant lineup comprised of retail, restaurant, and service commercial tenants – creating a stabilized stream for a new investor. Parcel includes 50 parking spaces in large parking lot with 2 curb cuts onto busy San Pablo Avenue. Leasable area: 25,645 RSF. Land area is .67 acre.
CURRENT TENANTS:
– Los Moles Restaurant
– Little Caesars Pizza
– Annapurna Mart
– Gina Beauty Supply
– Sunny Day Spa
– Gina Beauty 4 U
– Vasco Career College
– Del Norte Liquors
– Western Dental & Orthodontics
Year built/remodeled: 1980. Ownership is Fee Simple (Land and Building Ownership).
11 electric charger stations available in parking lot in safe location.
198' frontage along San Pablo Avenue.
Ideally located at signalized, hard corner intersection of Potrero Avenue and San Pablo Avenue (State Route 123) with 59,000 VPD.
The site also benefits from nearby access to I-80 (208,000 VPD) making this an ideal, centralized location with easy commutes.
Direct consumer base with strong regional/local tenants on a dense retail corridor within close proximity of many national tenants including nearby Safeway, Home Depot, Harbor Freight, Walgreen’s, and Starbucks.
Strong demographics in 5-mile trade area, supported by over 200,000 residents and 80,000-100,000-plus daytime employees.
Residents within a one-mile radius earn an average household income of $175,000.
Adjacent to Post Office, across from Harbor Freight Hardware Store.
Near El Cerrito and Del Norte BART.
Easy freeway accessibility between both 1-80 and I-580, and the entire SF Bay Area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,645 SF
Building Class
B
Year Built
1980
Price
$13,062,119 CAD
Price Per SF
$509.34 CAD
Cap Rate
7.15%
NOI
$933,984 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
Community Commercial (CC)
Parking
50 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
198’ on San Pablo Ave

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Car Charging Station
  • Cafe

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Eye brow threading salon
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Gina Beauty Supply
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Finance and Insurance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Centene is committed to helping people live healthier lives. Since their founding in 1984, their company has believed that their local approach – with employees who not only live in the communities they serve, but also reflect the diversity of their members – is the best way to provide accessible, high-quality, culturally sensitive healthcare coverage to their more than 28 million members. From their start as a nonprofit Medicaid plan in Milwaukee, to establishing headquarters in St. Louis, to now having local health plans in communities across the U.S., Centene now provides healthcare products and solutions to more than 1 in 15 individuals nationwide.

  • Sunny Day & Spa Massage
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Sonrava Health began as Western Dental, which was founded in 1903 and later grew into a broader health and wellness organization. In 2022, the company adopted the Sonrava Health name as the parent organization for a family of businesses that includes dental office brands, dental and vision benefit plans, provider networks, and related services. The company’s current focus centers on dental, orthodontic, specialty care, and support services across affiliated offices, with a model built around accessible and affordable care. Sonrava Health’s public materials also describe a national footprint across many affiliated offices and several well-known regional brands.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Eye brow threading salon - - $9.99 Lorem Ipsum Jan 0000
Gina Beauty Supply Retailer - $9.99 Lorem Ipsum Jan 0000
Finance and Insurance - - Lorem Ipsum Jan 0000
Sunny Day & Spa Massage - - $9.99 Lorem Ipsum Jan 0000
Health Care and Social Assistance - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • L
  • 1,800 SF
  • Retail
  • In-Line
  • Jun 2026

Shopping Center is on corner. Large parking lot. Close to BART. EV Charging station. 8 tenants total.

Space Size Space Use Position Available
L 1,800 SF Retail In-Line Jun 2026

L

Size
1,800 SF
Space Use
Retail
Position
In-Line
Available
Jun 2026

L

Size 1,800 SF
Space Use Retail
Position In-Line
Available Jun 2026

Shopping Center is on corner. Large parking lot. Close to BART. EV Charging station. 8 tenants total.

Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of Montreal
U.S. Bank
Denny's
IHOP
Starbucks
Safeway
24 Hour Fitness
Mr. Pickle's Sandwich Shop
Grocery Outlet
Bank of America

Property Taxes

Property Taxes

Parcel Number
509-410-004-6
Land Assessment
$1,097,017 CAD
Improvements Assessment
$3,410,200 CAD
Total Assessment
$4,507,218 CAD
  • Listing ID: 40622605

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 11299 San Pablo Ave, El Cerrito, CA 94530

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