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12440 San Pablo Ave 4,000 SF 100% Leased Retail Building Richmond, CA 94805 $1,368,002 CAD ($342.00 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
$1,368,002 CAD
Price Per SF
$342.00 CAD
Cap Rate
7.34%
NOI
$100,406 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
- $2.90 CAD
- Modified Gross
- Jan 2028
- Unit B
- Accommodation and Food Services
- 1,250 SF
- $4.47 CAD
- Modified Gross
- Dec 2027
- Unit C
- Services
- 1,500 SF
- $2.23 CAD
- Modified Gross
- Jan 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Unit A | Services | 1,250 SF | $2.90 CAD | Modified Gross | Jan 2028 | |
| Unit B | Accommodation and Food Services | 1,250 SF | $4.47 CAD | Modified Gross | Dec 2027 | |
| Unit C | Services | 1,500 SF | $2.23 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 | $980,779 CAD |
| Land Assessment | $483,793 CAD | Total Assessment | $1,464,571 CAD |
PROPERTY TAXES
Parcel Number
519-010-015-5
Land Assessment
$483,793 CAD
Improvements Assessment
$980,779 CAD
Total Assessment
$1,464,571 CAD
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12440 San Pablo Ave
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