Fully Leased Sports Bar and Liquor
For Sale
$1,380,000
3912 San Pablo Dam Road, El Sobrante, CA 94803
Multi-tenant retail property on a corner lot with sports bar and liquor store; about 20 parking spaces.
Property Size4,915 SF
Price / SF$280.77
Days on Market107
Property Features for 3912 San Pablo Dam Road
General Information
Standard status
Active
Size
4,915 SF
Total Parking Spaces
20
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
5.36%
Amenities
3
Parking.
20 Parking Spaces. Open Parking, Private, Uncovered.
Low Maintenance. Close To Shops, City Road.
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
(619) 248-6434
Listed By:
Real Brokerage Technologies
(415) 203-9568
Source:
Xome
Added: May 22
Changed: Sep 1
Last Checked: Sep 5 at 6:07AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This fully leased, multi-tenant retail property includes an established sports bar and a liquor store. The building measures approximately 4,915 SF and sits on a roughly 14,288 SF corner lot. The asset is described as offering outstanding visibility and includes approximately 20 parking spaces.
Located at 3912 San Pablo Dam Road in El Sobrante, CA, the property is positioned for steady operations under long-term leases. Public remarks state annual rental income of approximately $103,200 with a 5.36% cap rate. Long-term leases extend through 2028 and include renewal options, which may support income stability for an investor or 1031 exchange buyer.
Located at 3912 San Pablo Dam Road in El Sobrante, CA, the property is positioned for steady operations under long-term leases. Public remarks state annual rental income of approximately $103,200 with a 5.36% cap rate. Long-term leases extend through 2028 and include renewal options, which may support income stability for an investor or 1031 exchange buyer.
Key Highlights
- Fully leased multi‑tenant retail property in El Sobrante with an established sports bar and liquor store
- About 4,915 SF building on a 14,288 SF corner lot with approx. 20 parking spaces
- Annual rental income approx. $103,200 with a reported 5.36% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$125,686
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,513,720
$2.5M
Cap Rate 7%
$1,795,514
$1.8M
Cap Rate 9%
$1,396,511
$1.4M
Market Conditions
NOI Build-Up for 4,915 SF
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.
Gross rent
$191.7K $39.00/SF
− Vacancy
−$12.1K −$2.47/SF
EGI
$179.6K $36.53/SF
− OpEx
−$53.9K −$10.96/SF
NOI
$125.7K $25.57/SF
Area
Contra Costa County, CA
Vacancy
6.33%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,513,720
Cap Rate 7%
$1,795,514
Cap Rate 9%
$1,396,511
Alternative Uses
Best Use
Retail
$1.80M
$1.57M – $2.09M
NOI $125,686 @ 7.0% cap · market cap 9.11%
Second Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,831 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,051 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
46k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Dollar Tree
Shops & Services
19,519 visits/mo
0.1 miles
Shell
Shops & Services
11,357 visits/mo
0.2 miles
Jack in the Box
Dining
9,841 visits/mo
0.2 miles
Valero Energy
Shops & Services
2,943 visits/mo
0.1 miles
Hertz
Shops & Services
1,241 visits/mo
0.3 miles
Demographics for 94803, CA
26,457
Population
10,038
Households
2.6
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
12.8 sq mi
ZIP Area
2,067
Density / Sq Mi
$116,075
Median Household Income
$54,595
Median Earnings
$2,295
Median Rent
$729,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Clancy's — 3742 San Pablo Dam Rd, El Sobrante, CA 94803
- Rancho Sports Bar — 3912 San Pablo Dam Rd, El Sobrante, CA 94803
- Second2None — 4156 Appian Way, El Sobrante, CA 94803
- The Hideaway — 4156 Appian Way, El Sobrante, CA 94803
Frequently Asked Questions
What type of property is this?
Bar & Pub - Multi-tenant retail property on a corner lot with sports bar and liquor store; about 20 parking spaces.
Where is this bar & pub located?
The property is located at 3912 San Pablo Dam Road El Sobrante, CA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Fully leased multi‑tenant retail property in El Sobrante with an established sports bar and liquor store; About 4,915 SF building on a 14,288 SF corner lot with approx. 20 parking spaces; Annual rental income approx. $103,200 with a reported 5.36% cap rate
