For Sale
$6,000,000

7181 Amador Plaza RdDublin, CA 94568

10,266 SF, 4.87% Cap Rate, Strong Tenant

Overview

Added:
Dec 11, 2024
Days on market:
114
This fee-simple ownership opportunity presents a 10,266 square foot shopping center in Dublin, CA, currently 100% occupied by a single tenant under a net lease. The property, built in 1990 and situated on 1.09 acres, boasts a strong location within a major retail hub, surrounded by national retailers such as Sprouts, Safeway, REI, and Target. The tenant, operating since February 20, 2009, has a lease expiring October 31, 2024, with a remaining term of six months and one five-year lease option. The lease includes a 5% rent increase every two years, providing consistent income growth. The property features 32 parking spaces and is zoned DDZD. The asking price is $6,000,000, representing a 4.87% capitalization rate based on a net operating income (NOI) of $292,011. The property's prime location, strong tenant history, and built-in rent increases make this an attractive investment opportunity. The landlord is responsible for roof, structure, and parking lot maintenance. The property's APN is 941-0305-036-00. Daily traffic counts average 26,410 vehicles.

Highlights

  • $6,000,000 asking price for a 10,266 SF single-tenant net-leased shopping center in Dublin, CA.
  • 4.87% cap rate with a $292,011 NOI.
  • 100% occupancy with a strong, regional tenant operating since 2009.
  • NN lease with 5% rent bumps every two years and one 5-year option remaining.
  • Located in a high-traffic retail hub near major national retailers.

Property Details for 7181 Amador Plaza Rd

Property type
Lifestyle centers, Power centers
Square Feet
10,266 SF
Year Built
1990
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Dublin
County
Alameda
State
California
Latitude
37.7085749
Longitude
-121.928867
7181 Amador Plaza Rd, Dublin, California

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7181 Amador Plaza Rd
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