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Walmart Anchored Strip 2121-2181 Loveridge Rd 27,349 SF 76% Leased Retail Building Pittsburg, CA 94565 $9,624,930 CAD ($351.93 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 80% Occupied | Value-Add Opportunity | Below Market Rent
- Strong Demographics In 5-Mile Trade Area
- High-Visibility Location | Signalized Hard-Corner Intersection | Walmart-Anchored Retail Center & Corridor
Executive Summary
• The property is located at the signalized hard-corner intersection of Loveridge Road and State Highway 4, benefiting from approximately 149,300 vehicles per day combined traffic counts. State Highway 4 alone carries approximately 135,000 vehicles per day, serving as a major commuter corridor through the region.
• The subject property is a shadow-anchored by a Walmart, positioning it within a dense and established retail corridor.
• The subject property is a shadow-anchored by a Walmart, positioning it within a dense and established retail corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,349 SF
Building Class
B
Year Built
1991
Price
$9,624,930 CAD
Price Per SF
$351.93 CAD
Cap Rate
6.50%
NOI
$625,660 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.00 AC
Zoning
PC, Pittsburg - Commercial
Parking
200 Spaces (1.21 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
CO-TENANTS: Walmart, Subway, Taco Bell, Wendy’s, Popeye’s, H & R Block, GameStop, Fred Loya Insurance, etc.
CO-TENANTS: Walmart, Subway, Taco Bell, Wendy’s, Popeye’s, H & R Block, GameStop, Fred Loya Insurance, etc.
| Space | Size | Space Use | Position | Available |
| 2151 | 1,387-5,488 SF | Retail | - | Now |
| 2173 | 1,050 SF | Retail | - | Now |
2151
| Size |
| 1,387-5,488 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2173
| Size |
| 1,050 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2151
| Size | 1,387-5,488 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
CO-TENANTS: Walmart, Subway, Taco Bell, Wendy’s, Popeye’s, H & R Block, GameStop, Fred Loya Insurance, etc.
2173
| Size | 1,050 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
CO-TENANTS: Walmart, Subway, Taco Bell, Wendy’s, Popeye’s, H & R Block, GameStop, Fred Loya Insurance, etc.
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 088-630-008-6 | Improvements Assessment | $4,653,652 CAD |
| Land Assessment | $2,526,985 CAD | Total Assessment | $7,180,637 CAD |
Property Taxes
Parcel Number
088-630-008-6
Land Assessment
$2,526,985 CAD
Improvements Assessment
$4,653,652 CAD
Total Assessment
$7,180,637 CAD
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Walmart Anchored Strip | 2121-2181 Loveridge Rd
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