2701 W 10th St, Antioch, CA
Retail property with lease in place until April 2029.
- Added:
- Jun 6, 2024
- Days on Market:
- 739
- Last Refresh:
- May 20 at 8:05 pm
Property Features for 2701 W 10th St
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 2.78 Acres
- Property subtype
- RETAIL
Listing agent Peter Mikacich (415) 531-0092
Listing office Colliers | San Francisco (415) 531-0092
Listing date Jun 6, 2024
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 | San Francisco
HighLights
- 2.78 Acre Corner Parcel with additional income opportunities.
- High barrier to entry local market with only 6 existing dispensaries.
- Robust tenant sales.
- Below market rent in‑place / rental upside potential.
- Lease term through 04/30/2029.
Overview
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 | $377.4k | $22.20 |
| − Vacancy | −$18.9k | −$1.11 |
| EGI | $358.5k | $21.09 |
| − OpEx | −$107.6k | −$6.33 |
| NOI | $251.0k | $14.76 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Antioch
- County
- Contra Costa
- State
- California
- Longitude
- -121.841
- Latitude
- 38.0121