2558 Old 1st St Livermore, CA 94550

This exceptional 7,691 square foot shopping center in Livermore, CA, presents a compelling value-add opportunity. Located at a major intersection (41,072 cars daily) with high visibility, this property boasts three tenants under 100% occupancy with a Net Lease structure. The current leases expire July 30, 2025, offering a potential for redevelopment or lease restructuring. The property sits on a 0.64-acre lot and features significantly below-market rents, approximately one-third of the area average, generating a strong NOI of $78,865. The property is free and clear of debt, and the tenants have a combined 40+ year operating history. Surrounding the property are established retailers such as Trader Joe's, Grocery Outlet, and a cinema, along with the ACE Rail Station and Livermore High School. The area demographics are impressive, with a population of 75,941 within a 3-mile radius and average household incomes exceeding $147,642 within a 10-minute drive. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving Northern California market. The asking price is $2,459,000, resulting in a price per square foot of $319.72. Rent bumps are included in the lease agreements.