Former Rite Aid 20 E 18th St 12,592 SF Retail Building Antioch, CA 94509 $3,629,392 CAD ($288.23 CAD/SF)

The property at 20 E 18th Street in Antioch is a single story, 12,592 Sq. ft. retail building originally constructed in 1959, and renovated multiple times since. The 1.4-acre lot the property is situated on provides ample parking (4.3/1000).
The fully sprinklered building features clearance heights between 12.5 feet and 16.5 feet and 800 amps of power. There is a single loading dock. The property also features a drive-through. The size and layout of the building would allow a variety of retail uses. The previous tenant was Rite Aid, which was averaging approximately $1,000/Sq. ft. in sales, testifying to the strength of the location.
Currently zoned C-2 (Neighborhood Commercial), the property also falls within the boundaries of the A Street Interchange Focus Area, which envisions a cluster of commercial and office uses, aimed at revitalizing the area and transforming it into a gateway to Antioch’s Rivertown area.
The property benefits from its location along 18th street with average daily traffic at the intersection of 18th Street and A Street of 41,902 cars. Other retailers in the immediate area include AutoZone, Wells Fargo, Wendy’s, O’Reilly, Wiener Schnitzel, Taco Bell and Big O Tires. Antioch is the third largest city in Contra Costa County with a population growth of 12.6% between the 2010 and 2020 census.
The property at 20 E 18th Street in Antioch presents investors and owner-users with the opportunity to acquire a well-maintained multi-purpose retail building with redevelopment potential situated on a 1.4-acre lot at a great infill Bay Area location at well below replacement cost.