4855 Hopyard Rd Pleasanton, CA 94588

Property Details for 4855 Hopyard Rd

Year built

1989

Property size

89,503 SF

Property type

Neighborhood centers

Property subtype

Community centers

Description

Gateway Square, a single-story, 89,503 square foot neighborhood center in Alameda County, presents a prime retail opportunity. Located at the corner of Stoneridge Drive and Hopyard Road, this property offers excellent visibility and accessibility, with easy access to Interstates 580 and 680. The center boasts a strong tenant mix, including Chili's, and is situated within a thriving business park encompassing approximately 875 acres and over 11 million square feet of mixed-use development. This location benefits from high daily traffic counts (Hopyard Road: 28,106; Stoneridge Drive: 26,321 ADT in 2018) and proximity to major retailers such as Home Depot, Walmart, In-N-Out Burger, Burger King, and Smart & Final. The property features a rectangular shape and ample parking (4.88 spaces per 1,000 square feet). Multiple spaces are available, ranging from a minimum of 1,300 square feet to a maximum contiguous space of 1,778 square feet; a total of 6,089 square feet is currently vacant. The 9.8-acre lot offers significant potential. The area is densely populated, with over 550 companies employing more than 19,000 people and over 5,000 residents nearby. Six hotels are within walking distance, and a BART station is just 0.9 miles away, further enhancing accessibility and convenience. Built in 1989, this established center provides a solid foundation for a successful retail venture.