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Shopping Strip

1581 Sycamore Ave, Hercules, CA 94547

1581 Sycamore Ave, Hercules, CA 94547, Hercules, CA 94547

Listing Price: $8,200,000

Cap Rate
6.03%
Rentable SF
14,170
Lot Size
1.48 acres
Year Built
1987

Investment Overview

1581 Sycamore Ave is a premier 10 suite retail investment opportunity located in the thriving city of Hercules, California.
Situated on a 1.48 acre parcel of land, the subject property was originally constructed in 1987 and features a gross building area of approximately 14,170 square feet, offering its tenants beautifully designed retail oor plans.
The subject property is currently occupied by 10 tenants, all under a NNN lease structure. Owners greatly benet from NNN leases thanks to their little to no maintenance investment structure and reliable, long-term cash ow. The subject property has also recently undergone signicant capital improvements including a new roof, structural building upgrades and fresh exterior paint.
1581 Sycamore Ave is situated within a larger retail shopping plaza anchored by The Home Depot, drawing to the area approximately 19,660 vehicles per day, according to TrafxMetrix. The Home Depot manages the plaza parking lot, allowing for seamless trafc ow and consistent upkeep, further enhancing accessibility and convenience.
The investment appeal of this asset is driven by Hercules' strong employment fundamentals and low vacancy levels. With a world-class location in Contra Costa County, 1581 Sycamore Ave presents an attractive choice for investors due to it close proximity to other major retailers, transportation corridors, growing population, shopping, dining and entertainment options.

Investment Highlights

  • Premier Hercules Retail Investment Opportunity
  • Recent Capital Improvements
  • Strong Street Visibility
  • Ease of a NNN Lease Structure

Exclusively Listed By

Shopping Strip

1581 Sycamore Ave, Hercules, CA 94547

Listing Price: $8,200,000

Cap Rate
6.03%
Rentable SF
14,170
Lot Size
1.48 acres
Year Built
1987

Investment Highlights

  • Premier Hercules Retail Investment Opportunity
  • Recent Capital Improvements
  • Strong Street Visibility
  • Ease of a NNN Lease Structure

Investment Overview

1581 Sycamore Ave is a premier 10 suite retail investment opportunity located in the thriving city of Hercules, California. Situated on a 1.48 acre parcel of land, the subject property was originally constructed in 1987 and features a gross building area of approximately 14,170 square feet, offering its tenants beautifully designed retail oor plans. The subject property is currently occupied by 10 tenants, all under a NNN lease structure. Owners greatly benet from NNN leases thanks to their little to no maintenance investment structure and reliable, long-term cash ow. The subject property has also recently undergone signicant capital improvements including a new roof, structural building upgrades and fresh exterior paint. 1581 Sycamore Ave is situated within a larger retail shopping plaza anchored by The Home Depot, drawing to the area approximately 19,660 vehicles per day, according to TrafxMetrix. The Home Depot manages the plaza parking lot, allowing for seamless trafc ow and consistent upkeep, further enhancing accessibility and convenience. The investment appeal of this asset is driven by Hercules' strong employment fundamentals and low vacancy levels. With a world-class location in Contra Costa County, 1581 Sycamore Ave presents an attractive choice for investors due to it close proximity to other major retailers, transportation corridors, growing population, shopping, dining and entertainment options.

Exclusively Listed By

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