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!

Republic Square Livermore Retail Ctr

8 Retail Properties Offered at $40,000,000 in Livermore, CA

Investment Highlights

  • Next to SF Premium Outlets, which draws 9+ Million visitors annually.
  • Diversified mix of Tenants: health, restaurant, beauty- with neighboring Marriot and Homewood Suites hotels (N.A.P.)

Executive Summary

85% Leased, Proforma CAP Rate 6.4% - Seller to provide credits for some Rents, TI's or NNN expenses
Exceptional tenant commitment to the center, over $18 million + in tenant improvements

Long-term tenant stability with new 10-year lease terms, 3% average annual increase, + several options

“Main and Main Location” - Strategically located with I-580 frontage, offering excellent freeway access and traffic exposure to over 211,000 vehicles daily. Situated off of El Charro Road, with an additional 68,000 vehicles per day.

A substantial residential and daytime population, totaling approximately 195,219 individuals withing a 5-mile radius.

Market driven appreciation – contributed to close proximity to major residential and commercial developments, including the Dublin Fallon 580 Project, the Francis Ranch Project, and the Righetti Property.

Situated in a highly affluent trade area, with average household incomes in excess of $222,000 in a 1-mile radius

Value-Add Opportunity: With 17 of 21 spaces currently leased, 10,505 SF remains available, offering significant upside upon 100% occupancy.

Shadow Anchored by the San Francisco Premium Outlets - The Tri-Valley’s top-performing retail hub, attracts over 9 million visitors annually and generates upwards of $700 million in annual sales.

Internet-Resistant Tenancy – A diverse mix of regional and local retailers, tenants include a mix of restaurant, health, beauty, and medical businesses.

Property Facts

Price $40,000,000
Price / SF $622.25 / SF
Cap Rate 5.53%
Sale Type Investment NNN
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 64,283 SF
Total Land Area 55.87 AC
  • Listing ID: 34086918

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: Republic Square Livermore Retail Ctr, Livermore, CA

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') }}