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Walmart Anchored Strip 2175 Loveridge Rd 27,349 SF 80% Leased Retail Building Pittsburg, CA 94565 $9,646,300 CAD ($352.71 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
Building Size
27,349 SF
Year Built
1991
Price
$9,646,300 CAD
Price Per SF
$352.71 CAD
Cap Rate
6.50%
NOI
$627,050 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.28 AC
Zoning
Community Commercial
Parking
158 Spaces (5.78 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 088-630-008-6 | Improvements Assessment | $4,663,985 CAD |
| Land Assessment | $2,532,596 CAD | Total Assessment | $7,196,581 CAD |
Property Taxes
Parcel Number
088-630-008-6
Land Assessment
$2,532,596 CAD
Improvements Assessment
$4,663,985 CAD
Total Assessment
$7,196,581 CAD
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Walmart Anchored Strip | 2175 Loveridge Rd
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