El Cerrito Retail Investment
10680 San Pablo Ave El Cerrito, CA
For Sale
Contact for pricing
Retail property with long-term tenancy and high customer count.
Property Size6,300 SF
Lot Size0.42 Acres
Price / SF$393.28
Days on Market966
Property Features for 10680 San Pablo Ave
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.42 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Walnut Creek
(925) 279-5580
Listed By:
Ray Devlin · License #01199417
(925) 202-9175
Source:
Moodyscre
Added: Dec 6, 2023
Changed: Jul 6
Last Checked: Jul 21 at 4:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Walnut Creek
Investment Insights
Based on property information with market context.
This retail property features a tenancy of over 20 years, recently renewed for an additional 10 years. The location benefits from left-turn access and excellent visibility. The property is 6,300 square feet and is located on San Pablo Ave in El Cerrito, CA. According to the provided information, this location has the highest customer count per OAP.
Key Highlights
- 10‑Year Lease Renewal: Enjoy long‑term, stable income with this property.
- High Customer Count: Benefit from a tenant with strong business performance.
- 20+ Year Tenancy: A proven and reliable tenant ensures consistent returns.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $245.7k | $39.00 |
| − Vacancy | −$15.6k | −$2.47 |
| EGI | $230.1k | $36.53 |
| − OpEx | −$69.0k | −$10.96 |
| NOI | $161.1k | $25.57 |
6,300 SF · lease $39.00/SF/yr · vacancy 6.33% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.30M
$2.01M – $2.69M
NOI $161,103 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,698 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with long-term tenancy and high customer count.
Where is this retail space located?
The property is located at 10680 San Pablo Ave El Cerrito, CA.
What is the asking price?
The asking price for this property is $2,477,635.
What are key features of this property?
This property features: 10‑Year Lease Renewal: Enjoy long‑term, stable income with this property.; High Customer Count: Benefit from a tenant with strong business performance.; 20+ Year Tenancy: A proven and reliable tenant ensures consistent returns.
