Multi-Tenant Retail Strip – California Value Add NNN Investment

2558 Old First St, Livermore, CA
Price $2,459,000
Price PSF $319.72

For More Information

Spencer O’Donnell
714-400-6267

Property Description

  • Rare Northern California (Bay Area) 3-Tenant Center – Value-Add – Well Below Market Rents

  • Strong Legacy Tenants – 40+ Year Operating History – 1-Year Leases Present Redevelopment/Releasing Opportunity

  • Major Downtown Intersection (41,072 Cars Per Day) – Fee Simple (Land & Building) – Free and Clear of Debt

  • Extremely Below Market Rent PSF – One Third the Market Rent in Area

  • High Net Worth Area – Household Income of $147,642 in a 10-Min Drive

  • High Profile Location – Busy Signalized Intersection – NNN Tenants

  • Adjacent to Traffic Drawing Retailers including Livermore 13 Cinema, Trader Joe’s, Grocery Outlet as well as the ACE Rail Station, and Livermore High School

  • Impressive Demographics – Population of 75,941 Residents in a 3-Mile Radius

Area Demographics

Radius
Population 2024
Median HH Income
Average HH Income
1 miles
19,451
$129,155
$153,736
3 miles
75,941
$166,844
$211,623
5 miles
97,664
$180,203
$234,813