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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Livermore Ave And Portola Ave Livermore, CA 94550

91,673 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Total area 91,673 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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