Drive-Through Restaurant
For Sale
Contact for pricing
Pending
1600 N Park Boulevard, Pittsburg, CA 94565
Fee simple interest in a Sonic Drive-In is slated to open in Q1 2018 under an absolute NNN lease.
Property SizeContact for details
Days on Market146
Property Features for 1600 N Park Boulevard
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
Savills Los Angeles (Downtown)
Listed By:
Shawn Bakke · License #CA 01326433
Source:
Crexi
Added: Apr 13
Changed: Sep 2
Last Checked: Sep 4 at 9:49PM
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 Savills Los Angeles (Downtown)
Investment Insights
Based on property information with market context.
The property is a Sonic Drive-In restaurant investment offered as fee simple interest. The site is currently under construction and is scheduled to open in the first quarter of 2018. Upon close of escrow, the tenant will enter into an absolute NNN lease featuring 10% rental increases every five years during the primary term and through the four five-year options to extend.
The site is located just off Highway 4 in the city of Pittsburg within a retail area that includes The Home Depot, WinCo Foods, Starbucks, Public Storage, Chevron, WalMart, GameStop, Taco Bell, and Planet Fitness.
As currently presented, the offering is structured around the long-term absolute NNN lease requirements tied to the scheduled opening date.
The site is located just off Highway 4 in the city of Pittsburg within a retail area that includes The Home Depot, WinCo Foods, Starbucks, Public Storage, Chevron, WalMart, GameStop, Taco Bell, and Planet Fitness.
As currently presented, the offering is structured around the long-term absolute NNN lease requirements tied to the scheduled opening date.
Key Highlights
- Sonic Drive‑In restaurant fee simple interest scheduled to open in Q1 2018
- Property is under construction and will open in the 1st quarter 2018
- Tenant will sign an absolute NNN lease at close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
388k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 29%
Superstores 24%
Dining 20%
Shops & Services 16%
Walmart
Superstores
92,006 visits/mo
0.4 miles
WinCo Foods
Groceries
80,620 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
36,925 visits/mo
0.2 miles
Island Pacific Supermarkets
Groceries
30,202 visits/mo
0.1 miles
Taco Bell
Dining
20,396 visits/mo
0.4 miles
Demographics for 94565, CA
100,341
Population
31,173
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
45.3 sq mi
ZIP Area
2,215
Density / Sq Mi
$95,035
Median Household Income
$44,149
Median Earnings
$2,145
Median Rent
$563,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Fee simple interest in a Sonic Drive-In is slated to open in Q1 2018 under an absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1600 N Park Boulevard Pittsburg, CA.
What are key features of this property?
This property features: Sonic Drive‑In restaurant fee simple interest scheduled to open in Q1 2018; Property is under construction and will open in the 1st quarter 2018; Tenant will sign an absolute NNN lease at close of escrow
