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11299 San Pablo Avenue, El Cerrito CA

+/- 25,645 Sq Ft • $9,500,000 • Available
Price
$9,500,000
Size
+/- 25,645 RSF
Highlights

Multi-tenant investment opportunity – Del Norte Plaza. This outdoor mall consists of a diverse, e-commerce resistant tenant lineup comprised of retail, restaurant, and service commercial tenants – creating a stabilized stream for a new investor. Parcel includes 50 parking spaces in large parking lot with 2 curb cuts onto busy San Pablo Avenue.

  • CURRENT TENANTS:
    – Los Moles Restaurant
    – Little Caesars Pizza
    – Annapurna Mart
    – Gina Beauty Supply
    – Sunny Day Spa
    – Gina Beauty 4 U
    – Vasco Career College
    – Del Norte Liquors
    – Western Dental & Orthodontics
  • Year built/remodeled: 1980. Ownership is Fee Simple (Land and Building Ownership)
  • Land square footage is 101,101 SF
  • 11 electric charger stations available in parking lot in safe location
  • 198′ frontage along San Pablo Avenue
  • Ideally located at signalized, hard corner intersection of Potrero Avenue and San Pablo Avenue (State Route 123) with 59,000 VPD
  • The site also benefits from nearby access to I-80 (208,000 VPD) making this an ideal, centralized location with easy commutes
  • Direct consumer base with strong regional/local tenants on a dense retail corridor within close proximity of many national tenants including nearby Safeway, Home Depot, Harbor Freight, Walgreen’s, and Starbucks
  • Strong demographics in 5-mile trade area, supported by over 200,000 residents and 80,000-100,000-plus daytime employees
  • Residents within a one-mile radius earn an average household income of $175,000
  • Adjacent to Post Office, across from Harbor Freight Hardware Store
  • Near El Cerrito and Del Norte BART
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