0 Livermore Ave And Portola Ave Livermore, CA 94550
Portola Village, a thriving 91,673 square foot neighborhood center in Alameda County, presents a unique investment opportunity. This well-maintained property boasts a strong anchor tenant, Lucky's Supermarket, ensuring consistent foot traffic and a stable tenant base. Currently, there are four available retail spaces ranging from 1,100 to 4,947 square feet, providing flexibility for various business types. The center features ample parking, with a ratio of 5.8 spaces per 1,000 square feet, ensuring convenient access for customers. Its strategic location at the intersection of Portola Avenue and Cromwell Way, just 0.6 miles from Highway 580, offers exceptional visibility and accessibility. With over 66,926 cars passing daily, this location provides significant exposure for businesses. The center's design allows for easy ingress and egress, particularly beneficial for residents of North Livermore. Currently, 1,340 square feet are vacant, representing an immediate opportunity for expansion or new tenancy within an already successful and established retail environment. This grocery-anchored center provides a blend of regional and local tenants, catering to the daily needs of the community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.