Share This Listing

Message

912 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Full Restaurant Infrastructure on Hard Corner 3231 Macdonald Ave 692 SF Retail Building Richmond, CA 94804 $738,520 CAD ($1,067.23 CAD/SF) 6.30% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Freestanding on Hard Corner
  • Full Restaurant Infrastructure
  • Strategic location
  • Bitesized deal
  • New Roof
  • Below market rents

Executive Summary

For Sale - 6.3% CAP NNN Leased QSR in SF Bay Area priced Below Replacement Cost with Below Market Rent
Opportunity to acquire a rare triple net leased Quick Serve Restaurant priced below replacement cost with below market rent located on a high visibility, high traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-size asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside of San Francisco on a high-traffic thriving retail corridor among national tenants, this building is currently home to a bustling taqueria that has become a beloved part of the community. Offering stable cash flow, this net leased freestanding restaurant located on a high-visibility/high-traffic hard corner with below-market rents provides a rare bite-size investment opportunity with solid fundamentals.
Property Features:
- Recent Capital Improvements – such as a new roof for long-term reliability.
- Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration.
- Below-market Rents – Potential upside
Strategic Location:
- Positioned on a high-trafficked hard corner
- Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business.
A chance to own a piece of Richmond's vibrant, evolving landscape. Whether you’re looking to continue the tradition of this popular taqueria or introduce a new concept to this highly desirable neighborhood, the possibilities are endless.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
692 SF
Building Class
C
Year Built
1968
Price
$738,520 CAD
Price Per SF
$1,067.23 CAD
Cap Rate
6.30%
NOI
$46,527 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.11 AC
Zoning
CM-3 - Commercial mixed use
Parking
6 Spaces (9.05 Spaces per 1,000 SF Leased)
Frontage
69’ on 33rd St

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 692 SF
  • Restaurant
  • -
  • Now

For Lease - QSR in SF Bay Area Located on a high-visibility, high-traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-sized asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside San Francisco on a high-traffic, thriving retail corridor with national tenants. Property Features: - Recent Capital Improvements – such as a new roof for long-term reliability. - Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration. - Abundant Local Foot Traffic — High-Traffic corridor with an AADT of 24,800 - Strategic Location: - Positioned on a high-trafficked hard corner, with a 4,791 SF lot Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business. AVAILABLE FOR LEASE STARTING 12/1/2027

Space Size Space Use Position Available
1st Floor 692 SF Restaurant - Now

1st Floor

Size
692 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 692 SF
Space Use Restaurant
Position -
Available Now

For Lease - QSR in SF Bay Area Located on a high-visibility, high-traffic, hard corner in a densely populated infill location in the San Francisco Bay Area. This bite-sized asset has strong fundamentals and recent capital improvements, such as a new roof. Located minutes outside San Francisco on a high-traffic, thriving retail corridor with national tenants. Property Features: - Recent Capital Improvements – such as a new roof for long-term reliability. - Strong Fundamentals and Full Restaurant Infrastructure – Including kitchen hood for ventilation, 3-comp sink, service sink, prep area, hand-washing sink, and refrigeration. - Abundant Local Foot Traffic — High-Traffic corridor with an AADT of 24,800 - Strategic Location: - Positioned on a high-trafficked hard corner, with a 4,791 SF lot Located in a neighborhood with abundant local foot traffic and adjacent to a middle school and Richmond’s Parks & Rec, leading to a community-oriented atmosphere that offers excellent grassroots and marketing potential for any restaurant/retail business. AVAILABLE FOR LEASE STARTING 12/1/2027

Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Mechanics Bank
Citi
Chase Bank
Bank of America
Starbucks
The YMCA
CrossFit
Planet Fitness - Richmond , CA
Grocery Outlet

Property Taxes

Property Taxes

Parcel Number
516-182-024-5
Land Assessment
$202,543 CAD
Improvements Assessment
$117,471 CAD
Total Assessment
$320,014 CAD
  • Listing ID: 35126475

  • Date on Market: 2025-03-13

  • Last Updated:

  • Address: 3231 Macdonald Ave, Richmond, CA 94804

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}