1165 Arnold Dr, Martinez, CA 94553

This multi-tenant retail and automotive center is anchored by a newly opened Ross Dress for Less and a long-standing O’Reilly Auto Parts. Ross recently completed a full renovation and re-tenanting of a former Rite Aid space, reflecting a recent conversion to Ross’s corporate prototype and interior requirements. O’Reilly has benefited from extensive recent reinvestment, including more than $1.5 million in building improvements in 2020, helping maintain the property’s operational and appearance standards. Overall, the asset is structured for minimal landlord responsibility through passive lease setup, designed to support investors and 1031 exchange buyers seeking reliable cash flow.

Positioned just off Highway 4 at the Morello Avenue exit, the property is positioned to capture high-volume commuter traffic traveling between Interstate 680 and the greater East Bay. The tenancy combines essential retail categories with established operators, balancing everyday demand with discount value retail characteristics.

With national credit tenants in recession-resistant discount apparel and automotive categories, the center offers a practical fit for investors seeking long-term stability and an ownership profile with limited ongoing landlord requirements. Its recent capital expenditures and Ross-specific upgrades can also appeal to buyers looking to reduce near-term repositioning risk while maintaining tenant continuity.