Single-Tenant Grocery
For Sale
Contact for pricing
4500 Lone Tree Way, Antioch, CA 94531
FoodMaxx operates under an absolute NNN lease with no landlord responsibilities at this established commercial site.
Property Size61,005 SF
Lot Size6.06 Acres
Price / SF$267.42
Days on Market8
Property Features for 4500 Lone Tree Way
General Information
Standard status
Active
Size
61,005 SF
Lot size
6.06 Acres
Property subtype
Retail
Additional Details
Traffic Count
43,396 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - South Bay
Listed By:
Bo Henderson · License #02148577
(310) 892-5644
Source:
Crexi
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 16 at 3:07PM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
The property comprises a ±61,005 SF single-tenant grocery store on a ±6.06-acre parcel at 4500 Lone Tree Way. FoodMaxx occupies the building under an absolute NNN lease, with zero landlord responsibilities. The store is operated by The Save Mart Companies, whose banners include Save Mart, Lucky, FoodMaxx, Roth’s, and Chuck’s Fresh Markets.
Located in Antioch across from Deer Valley High School and Hill Top Christian School, the property sits within a dense commercial setting surrounded by homes, retail, parks, and schools. Nearby national tenants include Walmart Supercenter, Planet Fitness, 7-Eleven, and City Sports Club. The intersection of Lone Tree Way and Deer Valley Road records 43,396 cars per day.
Located in Antioch across from Deer Valley High School and Hill Top Christian School, the property sits within a dense commercial setting surrounded by homes, retail, parks, and schools. Nearby national tenants include Walmart Supercenter, Planet Fitness, 7-Eleven, and City Sports Club. The intersection of Lone Tree Way and Deer Valley Road records 43,396 cars per day.
Key Highlights
- ±61,005 SF single‑tenant FoodMaxx grocery store
- ±6.06‑acre parcel in Antioch, CA
- Absolute NNN lease with zero landlord responsibilities
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
$1,074,893
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
6.59%
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%
$21,497,860
$21.5M
Cap Rate 7%
$15,355,614
$15.4M
Cap Rate 9%
$11,943,256
$11.9M
Market Conditions
NOI Build-Up for 61,005 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
$1.50M $24.60/SF
− Vacancy
−$67.5K −$1.11/SF
EGI
$1.43M $23.49/SF
− OpEx
−$358.3K −$5.87/SF
NOI
$1.07M $17.62/SF
Area
Antioch, CA
Vacancy
4.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
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%
$21,497,860
Cap Rate 7%
$15,355,614
Cap Rate 9%
$11,943,256
Alternative Uses
Best Use
Specialty Retail
$15.36M
$13.44M – $17.91M
NOI $1,074,893 @ 7.0% cap · market cap 6.59%
Second Best
Retail
$12.87M
$11.26M – $15.01M
NOI $900,617 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$18.48M
$16.17M – $21.56M
NOI $1,293,550 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
43,396 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
148k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 35%
Groceries 19%
Electronics 1%
FoodMaxx
Groceries
28,196 visits/mo
0.1 miles
McDonald's
Dining
22,778 visits/mo
0.2 miles
Starbucks
Dining
16,978 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
16,111 visits/mo
0.2 miles
Chevron
Shops & Services
14,030 visits/mo
0.1 miles
Demographics for 94531, CA
45,342
Population
13,888
Households
3.3
Avg Household Size
37
Median Age
32%
College-Educated
90%
High-School Grad
14.0 sq mi
ZIP Area
3,239
Density / Sq Mi
$123,428
Median Household Income
$55,075
Median Earnings
$3,063
Median Rent
$660,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- FoodMaxx — 4500 Lone Tree Wy, Antioch, CA 94531
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - FoodMaxx operates under an absolute NNN lease with no landlord responsibilities at this established commercial site.
Where is this grocery and convenience store located?
The property is located at 4500 Lone Tree Way Antioch, CA.
What is the asking price?
The asking price for this property is $16,313,732.
What are key features of this property?
This property features: ±61,005 SF single‑tenant FoodMaxx grocery store; ±6.06‑acre parcel in Antioch, CA; Absolute NNN lease with zero landlord responsibilities
