This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Black Angus 2355 Sand Creek Rd

7,989 SF Retail Building Brentwood, CA 94513 $3,850,000 ($482/SF) 5.50% Cap Rate

Investment Highlights

  • Absolute NNN Ground Lease w/ Corporate Guaranty
  • Home to Top Performing National Co-Tenants
  • Affluent Demographics and a Robust Housing Pipeline
  • Destination Retail Location - The Streets of Brentwood
  • Strong Surrounding Development

Executive Summary

Colliers is pleased to exclusively offer for sale a single tenant net-leased Black Angus located within The Streets of Brentwood – a premier ±358,700 SF open air retail and entertainment destination located in a high growth trade area in the San Francisco MSA. The property consists of a ±7,989 SF freestanding building positioned on a ±1.81 AC parcel.
The asset benefits from a 20-Year Absolute NNN Ground Lease (9.5 years remaining) with zero landlord responsibilities and 10% rent increases every five years, including options, along with frontage on Sand Creek Rd., just off State Route 4 with combined traffic counts in excess of ±86,558 VPD. The Streets of Brentwood is a top-ranked center that offers ample parking and attracts 4.4 million annual visits, with notable anchors and national co-tenants such as Sprouts, AMC Theatre, Barnes & Noble, DSW, Ulta, Bath & Body Works, Red Robin,
BJ’s Brewhouse, and more!
Adjacent to the site, there are several notable developments under construction, including a 4-story hotel, Sutter Health Medical, and Dutch Bros Coffee. The Sand Creek Road extension will provide direct access to the center for the affluent and fast-growing city of Antioch – further growing the property’s customer base. With the surrounding trade area growth and adjacent development, this Black Angus provides investors with a stable investment opportunity for years to come.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,989 SF
Building Class
C
Year Built
2013
Price
$3,850,000
Price Per SF
$482
Cap Rate
5.50%
NOI
$211,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
1.81 AC
Zoning
PD-6
Walk Score ®
Very Walkable (72)
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

Raley's
Tri Counties Bank
Beach Hut Deli
Starbucks
BJ's Restaurant & Brewhouse
Black Angus Steakhouse
Sprouts Farmers Market
Vitality Bowls
Sourdough & Co.
Orangetheory Fitness
  • Listing ID: 33453732

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 2355 Sand Creek Rd, Brentwood, CA 94513

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() }} characters 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') }}