Moraga Pad Development Site

383 Rheem Blvd,
Moraga, CA 94556

Prime QSR|Retail Redevelopment Opportunity

$2,100,000
Offering Price
$72,000
NOI
3.43%
Cap Rate
$1,240
Price Per SF
1,693
Current SF
23,522
Land SF
$2,100,000
Offering Price
$72,000
NOI
3.43%
Cap Rate
$1,240
Price Per SF
1,693
Current SF
23,522
Land SF

INVESTMENT HIGHLIGHTS

  • Prime QSR Drive Thru | Retail Development Pad Site in Lamorinda Submarket of East Bay - San Francisco
  • .54 Acre Corner Lot Adjacent to 24 Hour Fitness and St Mary's Rheem Campus Building; Across the Street from Rheem Valley Plaza
  • Neighboring Tenants Include TJ Maxx, Home Goods, CVS Pharmacy, Dollar Tree, Starbucks, Taco Bell, USPS, Mountain Mike's Pizza, Nation's Hamburgers and Subway
  • Very Strong Demographics and Need for Additional Retail Amenities in the Immediate Trade Area; 15,825 VPD on Rheem Blvd and 17,000 VPS on Moraga Rd.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
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