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Richmond Retail 4040 MacDonald Ave
1,500 SF Retail Building Richmond, CA 94805 $950,000 ($633/SF) 6.62% Cap Rate
Investment Highlights
- Close to I-80
- Zoning allows gas station (as per seller)
- Easily revert back to Car wash
- Located on a heavy traffic street
Executive Summary
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$85,200
|
$56.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,100
|
$4.73
|
| Effective Gross Income |
$78,100
|
$52.07
|
| Taxes |
$11,609
|
$7.74
|
| Operating Expenses |
$3,600
|
$2.40
|
| Total Expenses |
$15,209
|
$10.14
|
| Net Operating Income |
$62,891
|
$41.93
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $85,200 |
| Annual Per SF | $56.80 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,100 |
| Annual Per SF | $4.73 |
| Effective Gross Income | |
|---|---|
| Annual | $78,100 |
| Annual Per SF | $52.07 |
| Taxes | |
|---|---|
| Annual | $11,609 |
| Annual Per SF | $7.74 |
| Operating Expenses | |
|---|---|
| Annual | $3,600 |
| Annual Per SF | $2.40 |
| Total Expenses | |
|---|---|
| Annual | $15,209 |
| Annual Per SF | $10.14 |
| Net Operating Income | |
|---|---|
| Annual | $62,891 |
| Annual Per SF | $41.93 |
Property Facts
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Beauty Salon, Inc
- Services
- 500 SF
- $3.20
- Full Service Gross
- Dec 2023
-
- Information
- 1,000 SF
- $4.00
- Full Service Gross
- Dec 2023
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| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Beauty Salon, Inc | Services | 500 SF | $3.20 | Full Service Gross | Dec 2023 | |
|
|
Information | 1,000 SF | $4.00 | Full Service Gross | Dec 2023 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 517-320-028-7 | Total Assessment | $411,277 (2024) |
| Land Assessment | $396,099 (2024) | Annual Taxes | $11,609 ($7.74/SF) |
| Improvements Assessment | $15,178 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Presented by
Richmond Retail | 4040 MacDonald Ave
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