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Auction | Value-Add Retail | $346k NOI 2521 Somersville Rd 23,508 SF Retail Building Antioch, CA 94509 For Sale
Investment Highlights
- Starting Bid: $1,000,000 | Bidding Starts: Jun 08, 2026 09:00 AM
- Attractive Demographics – More than 169,000 residents with average household income exceeding $119,000 within a 5-mile radius
- Scheduled Rent Growth – 10% rent escalations every five years during the base term and option periods
- Strong Location – Positioned on Somersville Road with immediate access to State Highway-4 (±165,000 VPD), providing attractive visibility
- Passive, High-Yield Lease Structure – This investment benefits from a NN lease with a corporate guaranty by Savers Value Village
- Potential Buyout Opportunity – Potential opportunity to create value through a negotiated lease buyout with Savers
Executive Summary
Bidding Starts: Jun 08, 2026 09:00 AM
Starting Bid: $1,000,000
David Harrington
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Starting Bid: $1,000,000
David Harrington
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
23,508 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
3.65 AC
Opportunity Zone
Yes
Amenities
- Corner Lot
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 076-432-008-1 | Improvements Assessment | $1,248,340 CAD |
| Land Assessment | $1,132,912 CAD | Total Assessment | $2,381,252 CAD |
Property Taxes
Parcel Number
076-432-008-1
Land Assessment
$1,132,912 CAD
Improvements Assessment
$1,248,340 CAD
Total Assessment
$2,381,252 CAD
Contacts
-
Vincent Chapey -
Connor Olandt -
Robert Anderson -
Matthews Real Estate Investment Services
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Auction | Value-Add Retail | $346k NOI | 2521 Somersville Rd
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