One Plant Retail Investment- Antioch 9 CAP | 2701 W 10th St
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One Plant Retail Investment- Antioch 9 CAP 2701 W 10th St
17,000 SF Retail Building Antioch, CA 94509 $2,921,000 ($172/SF) 9% Cap Rate
Investment Highlights
- High barrier to entry local market with only 6 existing dispensaries in Antioch.
- Lease term through 04/30/2029.
- Below market rent in-place / rental upside potential.
- 2.78 Acre Corner Parcel additional income opportunities.
- Robust tenant sales.
- Over 200 Amps of power and recent, significant improvements throughout.
Executive Summary
Colliers, as exclusive advisor to the Seller, is pleased to present the opportunity to acquire the fee-simple interest in the Property known as 2701 West 10th Street in the city of Antioch, California. The Property boasts an outstanding corner location, on over 2+ acres, with
excellent branding and identity, an abundance of secured parking, loading dock, and a large storage warehouse. This is a rare investment opportunity into a high barrier to entry market, with a single tenant leased asset with strong sales performance. The Property is part of a 6 Property Portfolio and can be acquired separately or as part of the Portfolio.
The 17,000 SF Property resides on along West 10th Street, the “Pittsburgh-Antioch Highway” a busy thoroughfare in the City of Antioch and is in close proximity to the San Joaquin River and Suisun Bay. The Property is a well maintained, single story commercial building in excellent condition, with over 200 AMPS of power and recent, significant improvements throughout. The Property is located within Delta Business Park providing easy access to the I-680 and CA State Route 4 Freeways. Surrounding commercial tenancies include a mix of industrial and retail uses.
excellent branding and identity, an abundance of secured parking, loading dock, and a large storage warehouse. This is a rare investment opportunity into a high barrier to entry market, with a single tenant leased asset with strong sales performance. The Property is part of a 6 Property Portfolio and can be acquired separately or as part of the Portfolio.
The 17,000 SF Property resides on along West 10th Street, the “Pittsburgh-Antioch Highway” a busy thoroughfare in the City of Antioch and is in close proximity to the San Joaquin River and Suisun Bay. The Property is a well maintained, single story commercial building in excellent condition, with over 200 AMPS of power and recent, significant improvements throughout. The Property is located within Delta Business Park providing easy access to the I-680 and CA State Route 4 Freeways. Surrounding commercial tenancies include a mix of industrial and retail uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
17,000 SF
Building Class
B
Year Built
1993
Price
$2,921,000
Price Per SF
$172
Cap Rate
9%
NOI
$262,897
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.14
Lot Size
2.78 AC
Zoning
PCB - Disposal and storage zoning
Parking
47 Spaces (2.76 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 074-051-029-2 | Improvements Assessment | $1,902,941 |
| Land Assessment | $995,217 | Total Assessment | $2,898,158 |
PROPERTY TAXES
Parcel Number
074-051-029-2
Land Assessment
$995,217
Improvements Assessment
$1,902,941
Total Assessment
$2,898,158
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One Plant Retail Investment- Antioch 9 CAP | 2701 W 10th St
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