Boot Barn
For Sale
Contact for pricing
545 Contra Costa Blvd, Pleasant Hill, CA 94523
Retail storefront leased to Boot Barn along Interstate 680 in a major Contra Costa County retail corridor.
Property Size12,000 SF
Price / SF$413.83
Days on Market130
Property Features for 545 Contra Costa Blvd
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
36
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$288,000
Additional Details
Traffic Count
165,000 vehicles/day
Building Details
Year Built
1966
Year Renovated
2026
Tenancy
Single
Listing Agency:
Monarch Commercial Advisors
(415) 269-8969
Listed By:
Dave Lucas · License #01389761
Source:
Crexi
Added: Apr 23
Changed: Aug 30
Last Checked: Aug 30 at 2:39AM
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 Monarch Commercial Advisors
Investment Insights
Based on property information with market context.
The property is a 12,000-square-foot retail storefront occupied by Boot Barn at 545 Contra Costa Blvd in Pleasant Hill, California. The asset was built in 1966 and is positioned directly along Interstate 680.
The site records more than 165,000 vehicles per day and is located among national retailers including Target, HomeGoods, Ross, Burlington, and Home Depot. Its setting within Contra Costa County places the storefront in an established retail concentration with substantial surrounding commercial activity.
The site records more than 165,000 vehicles per day and is located among national retailers including Target, HomeGoods, Ross, Burlington, and Home Depot. Its setting within Contra Costa County places the storefront in an established retail concentration with substantial surrounding commercial activity.
Key Highlights
- 12,000‑square‑foot retail storefront occupied by Boot Barn
- Directly along Interstate 680
- More than 165,000 vehicles per day
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
$306,863
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
6.18%
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%
$6,137,260
$6.1M
Cap Rate 7%
$4,383,757
$4.4M
Cap Rate 9%
$3,409,589
$3.4M
Market Conditions
NOI Build-Up for 12,000 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
$468.0K $39.00/SF
− Vacancy
−$29.6K −$2.47/SF
EGI
$438.4K $36.53/SF
− OpEx
−$131.5K −$10.96/SF
NOI
$306.9K $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%
$6,137,260
Cap Rate 7%
$4,383,757
Cap Rate 9%
$3,409,589
Alternative Uses
Best Use
Retail
$4.38M
$3.84M – $5.11M
NOI $306,863 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,520 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
165,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
689k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Superstores 22%
Apparel 21%
Shops & Services 12%
Target
Superstores
154,188 visits/mo
0.2 miles
In-N-Out Burger
Dining
83,406 visits/mo
0.2 miles
Burlington
Apparel
76,707 visits/mo
0.2 miles
Ross Dress for Less
Apparel
52,410 visits/mo
0.1 miles
HomeGoods
Home Improvements & Furnishings
37,093 visits/mo
0.1 miles
Demographics for 94523, CA
35,272
Population
14,585
Households
2.4
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$142,622
Median Household Income
$74,832
Median Earnings
$2,479
Median Rent
$1,038,400
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?
Storefront property - Retail storefront leased to Boot Barn along Interstate 680 in a major Contra Costa County retail corridor.
Where is this storefront property located?
The property is located at 545 Contra Costa Blvd Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $4,966,000.
What are key features of this property?
This property features: 12,000‑square‑foot retail storefront occupied by Boot Barn; Directly along Interstate 680; More than 165,000 vehicles per day
