NNN Property with
For Sale
Contact for pricing
1803 Santa Rita Road, Pleasanton, CA 94566
Single-tenant Philz Coffee location completed in 2018 and remodeled for the operator in 2025.
Property Size2,479 SF
Lot Size0.37 Acres
Price / SF$1,400
Days on Market9
Property Features for 1803 Santa Rita Road
General Information
Standard status
Active
Size
2,479 SF
Lot size
0.37 Acres
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$165,000
Additional Details
Drive-Thru
Yes
Building Details
Year Built
2018
Year Renovated
2025
Units
1
Tenancy
Single
Listing Agency:
Rt Yee & Associates, Inc
Listed By:
Thomas Yee · License #CA 01222976
Source:
Crexi
Added: Aug 14
Changed: Aug 22
Last Checked: Aug 22 at 3:31AM
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 Rt Yee & Associates, Inc
Investment Insights
Based on property information with market context.
This single-tenant NNN property is improved with a 2,479-square-foot coffee shop and drive-through. The building was constructed in 2018 and remodeled for Philz Coffee in 2025. Philz Coffee is the corporate occupant, with rent scheduled to commence in November 2025.
The lease is structured as absolute NNN with a 10-year initial term and multiple 5-year renewal options. Contractual rent increases are scheduled throughout the lease term. The improvement sits on a 16,030-square-foot lot at 1803 Santa Rita Road in Pleasanton, California.
The lease is structured as absolute NNN with a 10-year initial term and multiple 5-year renewal options. Contractual rent increases are scheduled throughout the lease term. The improvement sits on a 16,030-square-foot lot at 1803 Santa Rita Road in Pleasanton, California.
Key Highlights
- Absolute NNN lease structure with a 10‑year initial term
- Multiple 5‑year renewal options with rent increases throughout the term
- 2,479‑square‑foot coffee shop with drive‑through
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,248
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 27%
Dining 24%
Home Improvements & Furnishings 4%
Safeway
Groceries
43,362 visits/mo
0.2 miles
Jack in the Box
Dining
8,989 visits/mo
0.1 miles
Hallmark
Shops & Services
8,673 visits/mo
0.1 miles
Noah's Bagels
Dining
7,980 visits/mo
0.2 miles
Pet Food Express
Shops & Services
5,672 visits/mo
0.2 miles
Demographics for 94566, CA
45,055
Population
16,698
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
20.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$187,721
Median Household Income
$104,642
Median Earnings
$2,639
Median Rent
$1,592,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Philz Coffee location completed in 2018 and remodeled for the operator in 2025.
Where is this nnn property located?
The property is located at 1803 Santa Rita Road Pleasanton, CA.
What is the asking price?
The asking price for this property is $3,473,000.
What are key features of this property?
This property features: Absolute NNN lease structure with a 10‑year initial term; Multiple 5‑year renewal options with rent increases throughout the term; 2,479‑square‑foot coffee shop with drive‑through
