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Dollar General | San Francisco Bay Area Infill - Superior Demos | Strong Performing Location
20 W 10th St, Antioch (NorCal), CA 94509
Listing Price: $2,800,726
Investment Overview
Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.
Investment Highlights
- Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Complete Interior / Exterior Renovation in 2014.
- Strong Performing Location Per Placer.ai: Ranked Top 5% in the Chain Nationally based on Foot Traffic.
- Positioned Along Area's Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $42.72 Billion.
- The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
- The Site is Located near Antioch's Industrial Hub - Near Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Amazon, Pet Food Express, Oakley and more.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $100k and over 168k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, PetSmart and many more.
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Dollar General | San Francisco Bay Area Infill - Superior Demos | Strong Performing Location
Listing Price: $2,800,726
Investment Highlights
- Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Complete Interior / Exterior Renovation in 2014.
- Strong Performing Location Per Placer.ai: Ranked Top 5% in the Chain Nationally based on Foot Traffic.
- Positioned Along Area's Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $42.72 Billion.
- The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
- The Site is Located near Antioch's Industrial Hub - Near Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Amazon, Pet Food Express, Oakley and more.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $100k and over 168k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, PetSmart and many more.
Investment Overview
Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.
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