Sold Retail Properties in Alameda County – 7660 Amador Valley Blvd, Dublin, CA 94568 4/10
Sold Retail Properties in Alameda County – 7660 Amador Valley Blvd, Dublin, CA 94568 4/10
7660 Amador Valley Blvd, Dublin, CA 94568
Sale Information | |
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Sale Status: |
Sold
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Sale Date: | 11/15/2013 |
Sale Price: | $3,525,000 ($300.84/SF) |
Cap Rate: | 6.49% (At Time Of Sale) |
Listing Price: |
$3,800,000
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Estimated days on LoopNet Marketplace: |
396
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Property Details | |
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Property Type: |
Retail
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Property Sub-type: |
Community Center
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Building Size: |
11,717 SF
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Lot Size: |
0.91 Acres
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APN / Parcel ID: |
941-0305-013
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Property Description | |
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Marcus & Millichap is proud to offer Dublin Plaza Retail Center at 7660 Amador Valley Boulevard, Dublin, California. The subject property is 11,717 square feet, resides on 39,751 square feet of land and was constructed in 1980. Dublin Plaza Retail Center is shadow anchored by 99 Ranch Market and CVS Pharmacy. 7660 Amador Valley Boulevard is currently 70 percent occupied. VetCare and Subway do not rollover until 2015-2016 and FastSigns just exercised their first five-year option. The Sellers will master lease the two vacant units for six months at close of escrow. In 2008, a new roof was installed and the parking lot was repaved. Dublin Plaza benefits from strong traffic counts and resides in a dominant retail corridor surrounded by strong, national credit tenants. These tenants include Safeway, Target, Sports Authority, Ross, Marshalls, Michaels, Dollar Tree, Big Lots, Orchard Supply Hardware, Ross, Designer Shoe Warehouse, Starbucks and O’Reilly Auto Parts.
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Parties to Transaction |
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Seller: |
GARFINKLE W & W 1985 TRUST
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Buyer: |
, ELIOPOULOS TRUST – 59 Botany Ct Emerald Hills, CA
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Broker: |
Michael Cisternino – 500 Ygnacio Valley Road Walnut Creek, CA
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Financing Comments | ||||
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Sale involved mortgage financing. Lender identified as BOSTON PRIVATE BK&TR CO.
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