6654 Koll Center PkwyPleasanton, CA 94566

Property Details for 6654 Koll Center Pkwy

Year built

1988

Construction

WOOD

Lot size

4.27 AC

Property size (Sq ft)

38,802 SF

Property type

Retail properties

Property subtype

Strip malls

APN

946-4557-29-2

APU

9464557292

Description

This Class A, 38,802 square foot retail center in Alameda County, built in 1988, presents a compelling investment opportunity. Located at 6654 Koll Center Pkwy in Pleasanton, the property boasts a high-profile location at the fully signalized intersection of Bernal Avenue and Valley Avenue, offering exceptional visibility from I-680 freeway ramps. The center is part of the established Bernal Plaza, benefiting from its proximity to Bernal Corporate Park, a 1.4 million square foot Class A office complex currently at approximately 65% occupancy. This ensures a consistent flow of potential customers. The property features a strong tenant roster, including several national brands, and offers multiple suite options ranging from a minimum of 804 square feet to a maximum contiguous space of 1,981 square feet. Currently, 5,731 square feet are vacant, providing immediate opportunities for new tenants. The center's strategic location directly across from the Alameda County Fairgrounds, a venue attracting over 400,000 attendees annually for the county fair and other large events, further enhances its appeal and potential for high foot traffic and visibility. This well-established shopping center offers a unique blend of established tenancy and expansion potential.

• CAP approach

  CAP return

  Valuation

  6%

  $22,556,592

  6.5%

  $20,821,470

  7%

  $19,334,222

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,285,418

  Geo Method

  $27,272,110

• Alternative Use

  Use

  Valuation

  Residential

  $17,563,688

  Hospitality

  $16,088,245

  Educational

  $13,385,231

  Medical

  $13,845,569

  Retail

  $20,821,470

Location Insight

City

Pleasanton

County

Alameda

State

California

Latitude

37.6588

Longitude

-121.898

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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