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    Richmond City Center For Sale Title is generated by Realmo AI

    Macdonald Avenue, Richmond, CA 94801

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    For Sale
    $19,888,000

    Shopping center consisting of seven buildings on Macdonald Avenue.

    Type:Commercial
    Property size:
    74,194 SF
    Lot size:
    5.54 Acres
    Price / SF:
    $268/SF
    Added:
    Jul 11, 2025
    Days on Market:
    333
    Last Refresh:
    Apr 5 at 8:11 pm

    Property Features for Macdonald Avenue

    General Information

    Standard status
    Active
    Size
    74,194 SF
    Lot size
    5.54 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1994

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    Listing Contact
    HA MACH

    Listing agent HA MACH

    Listing office HA MINH MACH, BROKER

    Listing date Jul 11, 2025

    Source Corcoran

    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 HA MINH MACH, BROKER

    HighLights

    • Richmond City Center shopping center consisting of seven buildings.
    • Multiple addresses: 1100, 1150, 1170, 1190, 1200, 1250 and 1350 Macdonald Ave.
    • Year Built: 1994.
    • Owner will entertain any reasonable offer.
    • Shopping center property.
    • Commercial real estate opportunity.

    Overview

    The Richmond City Center shopping center, located on Macdonald Avenue, comprises seven buildings. The addresses of these buildings are 1100, 1150, 1170, 1190, 1200, 1250, and 1350 Macdonald Ave. The total property size is 74194 square feet. Note that the Burger King is under separate ownership and is not included in this sale. The owner is open to considering reasonable offers.

    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 $1.56M $21.00
    − Vacancy −$132.4k −$1.79
    EGI $1.43M $19.22
    − OpEx −$427.7k −$5.76
    NOI $997.9k $13.45
    74,194 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $14.26M
    $12.47M – $16.63M (±1% cap)
    NOI $997,946 @ 7.0% cap · market cap 5.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $17.72M
    $15.51M – $20.68M (±1% cap)
    NOI $1,240,725 @ 7.0% cap · market cap 6.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Richmond City Center — 1100 Macdonald Ave, Richmond, CA 94801
    • Coinstar Kiosk | Bitcoin ATM — Foodsco, 1250 Macdonald Ave, Richmond, CA 94805

    Map

    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.369
    Latitude
    37.9354

    FAQs

    What type of property is this?
    Shopping center - Shopping center consisting of seven buildings on Macdonald Avenue.
    Where is this shopping center located?
    The property is located at Macdonald Avenue Richmond, CA.
    What is the asking price?
    The asking price for this property is $19,888,000.
    What are key features of this property?
    This property features: Richmond City Center shopping center consisting of seven buildings.; Multiple addresses: 1100, 1150, 1170, 1190, 1200, 1250 and 1350 Macdonald Ave.; Year Built: 1994.
    More about this property
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