5433 Clayton Rd Clayton, CA 94517

Property Details for 5433 Clayton Rd

Lot size

7.04 lot acres

Property size

67,487 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Clayton Station Shopping Center presents a compelling value-add investment opportunity in Clayton, CA. This 67,487 square foot, multi-tenant retail center boasts a 93% occupancy rate and a strong net operating income (NOI) of $1,790,821, yielding a 6.00% cap rate. The asking price is $29,847,000, translating to a price per square foot of $442.26. The property sits on a 7.04-acre lot and features a diverse tenant mix of 35 businesses, including national brands like Walgreens, Starbucks, and Sherwin-Williams. The center benefits from a shadow anchor, a high-performing Safeway grocery store generating $61.1 million in annual sales. Its prime location at 5433 Clayton Rd, 94517, in Contra Costa County, attracts shoppers from surrounding cities including Concord, Walnut Creek, Pleasant Hill, Pittsburg, and Antioch. The property's exceptional location and long-term tenant relationships, with 56% of tenants occupying the space for over 10 years, contribute to its consistent performance and significant investment potential. The property is offered fee simple, with no ground lease. APN numbers are 118-031-049-0, 118-031-051-6, 118-031-052-4, and 118-031-057-3. This established center presents a rare generational acquisition opportunity, having been meticulously maintained under the same ownership for 27 years. Data indicates it's the #1 retail location based on cell phone visits.

Location Insight

City

Clayton

County

Contra Costa

State

California

Longitude

-121.955

Latitude

37.9526