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1099 Reganti Dr
Concord, CA 94518

$4,500,000 USD

Storefront For Sale • 7,183 SF

Property Details

Property Type Storefront
Total Building Size 7,183 SF
Lot Size 0.55 AC
Building Class B
Year Built 1989
Cap Rate 3.40 %
Tenancy Multiple
Zoning PD

33 Transit Score

77 Walk Score

Description

Neighborhood shopping center with long term, successful tenants. Requires no management and delivers a secured income stream. This purchase is subject to a ground lease for the buildings. The buildings are maintained by the ground lease lessee but can be returned to the buyer within 25 years or less without penalty to the ground lease lessee.

                
                    Highlights
                
                                Corner of Monument Blvd. and Reganti. 56 feet and vehicle entrance on Monument Blvd. Great visibility from high car count.
                            
                                Three tenants have been in place for 10+ and 15+ years respectively. Long leases in place with options.
                            
                                New roof, newly surfaced parking lot with 3 parking spots per 1000 sf.

Cap Rate:

3.40 %

Amenities

Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Martinez (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority)	14 min	-	9.6 mi
Airport	Drive	Walk	Distance
Metro Oakland International	38 min	-	27.5 mi
San Francisco International	57 min	-	39.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes

Joan Plastiras 650-269-8797 Prospect Properties

1099 Reganti Dr Concord, CA 94518