HomeGoods Shopping Center

584-594 Moraga Rd,
Moraga, CA 94556

Bay Area Anchored Shopping Center with Pad

$10,200,000
Offering Price
Multiple
Tenancy
6.00%
Cap Rate
6.34
Land Acres
$612,000
NOI
CC (Community Commercial)
Zoning Type
$10,200,000
Offering Price
Multiple
Tenancy
6.00%
Cap Rate
6.34
Land Acres
$612,000
NOI
CC (Community Commercial)
Zoning Type

MARKET OVERVIEW

  • Moraga is located in the East Bay of San Francisco surrounded by the rolling green hills of Contra Costa County. While it is a suburban area with a population of approximately 17,692 people, it is only 13 miles away from nearby Oakland and Berkeley as well as 22 miles away from San Francisco. Moraga is also the home of St. Mary’s College, a prestigious, four-year, private college. Moraga offers a variety of restaurants, retail shops, farmers markets, trails, and parks. With highly rated public schools, Moraga is considered an amazing area to raise a family. Its proximity to large cities also makes it an ideal environment for young professionals and retirees.
  • Contra Costa County is home to more than 1.1 million residents and is comprised of 19 cities and many established communities, it is the ninth most populous county in the state of California. The county’s population is expected to grow by 29% by 2040. Contra Costa County has the highest home ownership ratein the Bay Area with approximately two-thirds of all homes in the county being occupied by their owners.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282