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44 Church St Danville, CA 94526

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For Sale
$3,680,000

Retail property for sale in Danville, CA with long-term lease.

Property size:
5,022 SF
Lot size:
0.54 Acres

Property Features for 44 Church St

General Information

Size
5,022 SF
Lot size
0.54 Acres

Source: Newmark | Walnut Creek Agent Forrest Gherlone

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Danville Retail Investment Opportunity

This retail property, located in Danville, CA, offers an investment opportunity with a long-term lease extending to November 30, 2030, and one 5-year option at Fair Market Value. The property encompasses approximately 5,022 square feet, although the buyer is advised to verify this measurement. The net operating income is $174,792, resulting in a current cap rate of 4.75%. A pro-forma cap rate of 6.55% is projected.
Insight Report Location Intelligence

Current Use by Public Records

Bridges Restaurant and Bar Asian Fusion Restaurant

Suggested Use

Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Danville
County
Contra Costa
State
California
Longitude
-121.9978962
Latitude
37.8211847

FAQs

What type of property is this?
Retail space - Retail property for sale in Danville, CA with long-term lease.
Where is this retail space located?
The property is located at 44 Church St Danville, CA.
What is the asking price?
The asking price for this property is $3,680,000.
What are key features of this property?
This property features: - Size: ±5,022 square feet; - Net Operating Income: $174,792; - Pro-Forma Cap Rate: 6.55%
More about this property
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