Richmond Retail Pad For
4200 Macdonald Avenue Richmond, CA 94805
4200 Macdonald Avenue, Richmond, CA, 94805
$5,195,000
For Sale
$5,195,000
Retail pad in a Target-anchored shopping center.
Property Size12,255 SF
Price / SF$423.91
Days on Market243
Property Features for 4200 Macdonald Avenue
General Information
- Standard status
- Active
- Size
- 12,255 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agency
(415) 297-5586
Listed by
Mary Alam, MBA · License #CalDRE #01927340
(415) 297-5586
Source
Naiglobal
Added: Nov 21, 2025 Updated: Jul 6 at 9:03AM Checked: Jul 22 at 4:57AM
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 Mary Alam, MBA
Investment Insights
Based on property information with market context.
The retail pad is located in the Macdonald 80 Shopping Center in Richmond, CA. The shopping center is anchored by a Target store and other retailers such as Wells Fargo, AT&T, Panda Express, and Sally Beauty. The property is leased to three tenants on a NNN basis. Two of the three tenants have occupied the property since it was built in 2008. DaVita Dialysis started in 2011. These long-term tenants occupy 75% of the property. The location is in the Richmond-El Cerrito-San Pablo Corridor. The property is located off Interstate 80 in Richmond, CA. Major tenants occupy the shopping center such as Wells Fargo, AT&T, Panda Express, Wingstop, and Sally Beauty. An electric car charging station is present onsite. The location is in the Richmond-San Pablo-El Cerrito Corridor. The property has staggered lease terms ranging from 2024 through 2030, plus renewal options for DaVita Dialysis. The property size is 12255 square feet.
Key Highlights
- Anchored by DaVita Dialysis (major tenant) and located within a Target‑anchored shopping center.
- High‑traffic location with monument signage directly off Interstate 80 (ADT 211,000).
- NNN lease structure with staggered lease terms providing stable income.
Local Financial Insights For Healthcare Medical
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 | $294.1k | $24.00 |
| − Vacancy | −$17.6k | −$1.44 |
| EGI | $276.5k | $22.56 |
| − OpEx | −$110.6k | −$9.02 |
| NOI | $165.9k | $13.54 |
12,255 SF · lease $24.00/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.37M
$2.07M – $2.76M
NOI $165,884 @ 7.0% cap · market cap 3.19%
Second Best
Retail
$2.35M
$2.06M – $2.75M
NOI $164,836 @ 7.0% cap · market cap 3.17%
Theoretical Best
Multifamily LT 5
$2.93M
$2.56M – $3.42M
NOI $204,937 @ 7.0% cap · market cap 3.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wingstop
Restaurant
Cutz, Curlz & More
Barber Shop
DaVita Richmond Dialysis
Medical Clinic
GameStop
Electronics & Wireless Store
DB Cutz
Barber Shop
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FAQs
What type of property is this?
Shopping center - Retail pad in a Target-anchored shopping center.
Where is this shopping center located?
The property is located at 4200 Macdonald Avenue Richmond, CA.
What is the asking price?
The asking price for this property is $5,195,000.
What are key features of this property?
This property features: Anchored by DaVita Dialysis (major tenant) and located within a Target‑anchored shopping center.; **High‑traffic location with monument signage directly off Interstate 80 (ADT 211,000).**; NNN lease structure with staggered lease terms providing stable income.
