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12440 San Pablo Ave 4,000 SF 100% Leased Retail Building Richmond, CA 94805 $1,339,709 CAD ($334.93 CAD/SF) 7.34% Cap Rate



Investment Highlights
- High-traffic area with great visibility near I-80 on/off ramps
- Open to Lease (Contact Broker)
Executive Summary
Fantastic Investment property with solid long-term tenants. Single industrial/retail building with a combined 4000 SF of rentable area situated on a 6000 SF lot. High-traffic area with great visibility near I-80 on/off ramps. The tenants include a Smog Station, Thai restaurants, and a motorcycle repair shop.
Modified gross lease.
Modified gross lease.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,000 SF
Building Class
C
Year Built
1973
Price
$1,339,709 CAD
Price Per SF
$334.93 CAD
Cap Rate
7.34%
NOI
$98,329 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.14 AC
Zoning
C2, Richmond - Commercial
Parking
3 Spaces (0.75 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Unit A
- Services
- 1,250 SF
- $2.84 CAD
- Modified Gross
- Jan 2028
- Unit B
- Accommodation and Food Services
- 1,250 SF
- $4.37 CAD
- Modified Gross
- Dec 2027
- Unit C
- Services
- 1,500 SF
- $2.19 CAD
- Modified Gross
- Jan 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Unit A | Services | 1,250 SF | $2.84 CAD | Modified Gross | Jan 2028 | |
| Unit B | Accommodation and Food Services | 1,250 SF | $4.37 CAD | Modified Gross | Dec 2027 | |
| Unit C | Services | 1,500 SF | $2.19 CAD | Modified Gross | Jan 2027 |
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 519-010-015-5 | Improvements Assessment | $953,118 CAD |
| Land Assessment | $470,149 CAD | Total Assessment | $1,423,267 CAD |
Property Taxes
Parcel Number
519-010-015-5
Land Assessment
$470,149 CAD
Improvements Assessment
$953,118 CAD
Total Assessment
$1,423,267 CAD
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12440 San Pablo Ave
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