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Shopping Community

Nakamura Plaza

33121 Alvarado-Niles Rd, Union City, CA 94587

Listing Price: $3,050,000

Cap Rate
6.59%
Gross SF
7,222
Rentable SF
7,222
Price/Gross SF
$422.32
Lot Size
0.84 acres
Year Built
2006

Investment Overview

Net Leased investment property with strong historical occupancy and modern architectural design and long term pride of ownership being marketed for the first time since the property was built in 2006. Located at a signalized intersection with easy access to Highway 880 in a affluent market with an average household income of $133,544 in a one mile radius. Upside income potential with one available suite available for lease.

Investment Highlights

  • Multi-Tenant Medical and Retail Investment Property leased to Synergistic Tenant Mix with Favorable NNN Lease Structures
  • Built in 2006, the Building Includes a Modern Architectural Design that is Well Maintained with Ample Parking
  • Excellent Visibility and High Exposure Location, Located on a Major Throughfare with Approximately 40,209 Cars Driving by the Property Per Day
  • Current Occupancy is 64 Percent, Allowing an Investor to Add Value by Leasing the Vacant Space or an Owner/User to Take Advantage of Occupying ±2,580/ Square Feet for your Own Use

Exclusively Listed By

Shopping Community

Nakamura Plaza

Listing Price: $3,050,000

Cap Rate
6.59%
Gross SF
7,222
Rentable SF
7,222
Price/Gross SF
$422.32
Lot Size
0.84 acres
Year Built
2006

Investment Highlights

  • Multi-Tenant Medical and Retail Investment Property leased to Synergistic Tenant Mix with Favorable NNN Lease Structures
  • Built in 2006, the Building Includes a Modern Architectural Design that is Well Maintained with Ample Parking
  • Excellent Visibility and High Exposure Location, Located on a Major Throughfare with Approximately 40,209 Cars Driving by the Property Per Day
  • Current Occupancy is 64 Percent, Allowing an Investor to Add Value by Leasing the Vacant Space or an Owner/User to Take Advantage of Occupying ±2,580/ Square Feet for your Own Use

Investment Overview

Net Leased investment property with strong historical occupancy and modern architectural design and long term pride of ownership being marketed for the first time since the property was built in 2006. Located at a signalized intersection with easy access to Highway 880 in a affluent market with an average household income of $133,544 in a one mile radius. Upside income potential with one available suite available for lease.

Exclusively Listed By

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