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FAITS SAILLANTS DE L'INVESTISSEMENT
- Value-add investment opportunity
- High incomes and density
- Surrounded by a strong mix of retail, service and dining
RÉSUMÉ DE L'ANNONCE
John Cumbelich & Associates is pleased to present the opportunity to acquire 986–990 Moraga Road, a unique commercial property in the heart of Downtown Lafayette, California.
Historically home to Campana Music, this two-building asset fronts Moraga Road just steps from the intersection with Mt. Diablo Boulevard — widely regarded as the best intersection in the Lamorinda trade area.
-986 Moraga Road is a ±1,600 SF single-tenant building leased through August of 2027.
-990 Moraga Road consists of approximately ±8,282 SF across 2.5 levels and formerly housed the Campana Music School.
This one-of-a-kind investment offers a rare opportunity to reposition the property for retail and office lease-up in a highly walkable, amenity-rich downtown setting. Additionally, the flexible zoning and creekside location present long-term upside through redevelopment potential, including the possibility of a residential or mixed-use component.
While the asset requires capital improvements and modernization, it is attractively priced to reflect both the value-add opportunity and the potential for above-market returns based on Lafayette’s strong fundamentals, favorable comps, and conservative cap rate assumptions.
A detailed financial analysis and capital expenditure budget are enclosed, highlighting a clear path to unlocking the asset’s value. Rent comparables are available upon request. As the most active brokerage in Downtown Lafayette, John Cumbelich & Associates has completed more retail lease and sale transactions in this submarket than all other firms combined.
Historically home to Campana Music, this two-building asset fronts Moraga Road just steps from the intersection with Mt. Diablo Boulevard — widely regarded as the best intersection in the Lamorinda trade area.
-986 Moraga Road is a ±1,600 SF single-tenant building leased through August of 2027.
-990 Moraga Road consists of approximately ±8,282 SF across 2.5 levels and formerly housed the Campana Music School.
This one-of-a-kind investment offers a rare opportunity to reposition the property for retail and office lease-up in a highly walkable, amenity-rich downtown setting. Additionally, the flexible zoning and creekside location present long-term upside through redevelopment potential, including the possibility of a residential or mixed-use component.
While the asset requires capital improvements and modernization, it is attractively priced to reflect both the value-add opportunity and the potential for above-market returns based on Lafayette’s strong fundamentals, favorable comps, and conservative cap rate assumptions.
A detailed financial analysis and capital expenditure budget are enclosed, highlighting a clear path to unlocking the asset’s value. Rent comparables are available upon request. As the most active brokerage in Downtown Lafayette, John Cumbelich & Associates has completed more retail lease and sale transactions in this submarket than all other firms combined.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Taille du bâtiment
9 882 pi²
Classe d’immeuble
B
Année de construction
1970
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
3 800 pi²
Coefficient d’occupation des sols de l’immeuble
0,47
Taille du lot
0,48 AC
Zonage
RB
Stationnement
20 places (2,02 places par 1 000 pi² loué)
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- FIN DU BAIL
-
- Détaillant
- -
- -
- -
- Plazaway Taylor & Cleaners
- Services
- -
- -
- -
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | FIN DU BAIL | ||
|
Détaillant | - | - | - | ||
| Plazaway Taylor & Cleaners | Services | - | - | - |
1 1
Walk Score®
Un paradis pour un marcheur (95)
Bike Score®
Très cyclable (70)
Impôts fonciers
| Numéro de lot | 243-222-023-0 | Évaluation des bâtiments | 29 166 $ CAD |
| Évaluation du terrain | 5 074 911 $ CAD | Évaluation totale | 5 104 078 $ CAD |
Impôts fonciers
Numéro de lot
243-222-023-0
Évaluation du terrain
5 074 911 $ CAD
Évaluation des bâtiments
29 166 $ CAD
Évaluation totale
5 104 078 $ CAD
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Présenté par
Campana Center | 990 Moraga Rd
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