- For Sale $4,800,000
- Property Type Retail
- Property Size 10,000 SF
- Lot Size 0.66 Acre
- Cap Rate % 5.5
- Rental Income / YR 322725
- NOI / YR 265416
- Taxes / YR 20870
- Average Floor Size 10,624 SF
- Parking Spaces Avail. 39
- Parking Ratio 3.90 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1989
- Date Updated Jan 9, 2024
A value added investment opportunity (with 4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. 5.5% investment return cap rate. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools.
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Location
Getting Around
-
Walk Score ®
85/100
Very Walkable
-
Bike Score ®
69/100
Bikeable
- City Pittsburg, CA
- Zip Code 94565
- Market Bay Area
Points of Interest
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Pittsburg Center
0.23 miles
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Pittsburg/Bay Point Transfer
2.36 miles
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Pittsburg/Bay Point
3.03 miles
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Antioch-Pittsburg
4.03 miles
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Antioch
6.12 miles
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North Concord/Martinez
7.36 miles
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Concord
8.07 miles
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Arco
1.07 miles
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Shell
1.13 miles
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Chevron
2.26 miles
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Shell
2.84 miles
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Chevron
2.89 miles
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Shell
2.92 miles
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7-Eleven
2.99 miles
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Valero
2.99 miles
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Speedway
3.08 miles
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Chevron
3.84 miles
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Pittsburg/Bay Point BART Station Parking
3.02 miles
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Faculty Parking
8.26 miles
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Student Parking
8.32 miles
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Visitor parking
8.45 miles
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Willow Pass Park And Ride
9.09 miles
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Upper Parking Lot
9.22 miles
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Mitchell Park and Ride
9.30 miles
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Lower Parking Lot
9.36 miles
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Teacher/Staff Parking
9.68 miles
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Diablo Valley Overlook
9.74 miles
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Jack in the Box
0.12 miles
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Panda Express
0.15 miles
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McDonald's
0.41 miles
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Angelo's Pizza
0.51 miles
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Nation's Giant Hamburgers
0.64 miles
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Mr. Jalapeño Restaurant
0.65 miles
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Lutong Bahay Restaurant
0.70 miles
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RamenTeaCa
0.71 miles
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Uncle Wang Chinese Restaurant
0.71 miles
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Lutong Bahay
0.77 miles
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Cardenas
0.20 miles
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Foods Co
0.47 miles
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Bonfaire Market
0.97 miles
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Walmart
1.23 miles
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La Chicana Market
2.54 miles
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Somersville Towne Center
2.70 miles
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Safeway
2.92 miles
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Big Lots
2.94 miles
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Bill Bly's Ranch Market
3.07 miles
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Mi Tierra
3.28 miles
Frequently Asked Questions
What is the lease rate for 2221 Railroad Ave?
Rental asking rate at 2221 Railroad Ave is $2,400,000.00/YR.
What is the total square footage of 2221 Railroad Ave?
2221 Railroad Ave totals 10,000 square feet.
When was this property built?
2221 Railroad Ave was built in 1989.
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