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    El Cerrito Retail Investment Opportunity Title is generated by Realmo AI

    10680 San Pablo Ave, El Cerrito, CA

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    Retail property with long-term tenancy and high customer count.

    Type:RETAIL
    Property size:
    6,300 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $393/SF
    Added:
    Dec 6, 2023
    Days on Market:
    921
    Last Refresh:
    May 19 at 8:49 pm

    Property Features for 10680 San Pablo Ave

    General Information

    Standard status
    Active
    Size
    6,300 SF
    Lot size
    0.42 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Eric Erickson, CCIM, SIOR
    Eric Erickson, CCIM, SIOR

    Listing agent Ray Devlin License #CA 01199417

    Listing office Colliers | Walnut Creek

    Listing date Dec 6, 2023

    Source Moodyscre

    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

    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.
    • Excellent Visibility: Enhances the property's appeal and drives customer traffic.
    • Left Turn Access: Improves accessibility for customers.
    • Superior to Auto Zone: A prime real estate location.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $166,698 @ 7.0% cap · market cap 6.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    El Cerrito
    County
    Contra Costa
    State
    California
    Longitude
    -122.309
    Latitude
    37.9125

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    FAQs

    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.
    (925) 279-0120 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Erickson, CCIM, SIOR
    Eric Erickson, CCIM, SIOR
    Real Estate License ID: CA 01199417
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