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6203 Jarvis Ave

60,862 SF 100% Leased Retail Building Newark, CA 94560 For Sale

Investment Highlights

  • Great Surrounding Tenants

Executive Summary

Core Bay Area Net Leased Investment Opportunity
Irreplaceable infill East SF Bay location.
Corporate Sprouts lease – $6.1 Billion revenue & market cap of $2.6 Billion. Net sales up 5% from 2021 – comparable store sales growth of 2%
Corporate Fitness 19 – founded in 2003- 93+ locations – 13 states. Flagship location – ultra high value- full service gym. Primary full service fitness operator in trade area.
-Long term leases and fixed rental increases
-Affluent trade area and dense Bay Area demographics
-Highest traffic intersection in retail core
-Ease of management/NNN leases
-Open to new financing

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
60,862 SF
Building Class
C
Year Built
1991
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
5.50 AC
Zoning
C - Commercial
Parking
861 Spaces (14.15 Spaces per 1,000 SF Leased)
Frontage
258 FT on Jarvis Ave

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (82)
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

Sprouts Farmers Market
East West Bank
Apple Spice Junction
Mr. Pickle's Sandwich Shop
Safeway
Starbucks
Anytime Fitness
Chase Bank
Fremont Bank
Bank of Montreal

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
537-0521-037-00
Land Assessment
$8,023,417
Improvements Assessment
$5,373,282
Total Assessment
$13,396,699
  • Listing ID: 31729271

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 6203 Jarvis Ave, Newark, CA 94560

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