This exceptional investment opportunity presents a fully occupied, three-building shopping center totaling 41,329 square feet on a 2.79-acre lot in Dublin, California. The property boasts 10 tenants, a 6.18% cap rate, and a strong net operating income (NOI) of $1,020,000. Located at the hard corner of Dougherty Road and Sierra Lane, this prime location offers exceptional visibility and high traffic volume (ADT 28,000), with excellent access to I-580 and I-680 freeways. The property benefits from its proximity to Dublin BART station and a thriving community with a daytime population exceeding 58,000 within a 3-mile radius. Dublin's explosive population growth (19% in six years) makes this a highly desirable investment. The property features 138 parking spaces and is zoned Dublin PD. The three single-story buildings are situated on two separate parcels (APN 941-205-41 and 941-205-40) and offer a diverse mix of retail tenants. This stabilized investment offers a compelling opportunity for long-term growth and appreciation in a rapidly expanding market. The asking price is $16,500,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$18,453,738
Hospitality
$16,903,524
Educational
$14,063,534
Medical
$14,547,200
Retail
$21,876,608
Location Insight
City
Dublin
County
Alameda
State
California
Latitude
37.7073
Longitude
-121.911
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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