The Floor Store

7181 Amador Plaza Rd,
Dublin, CA 94568

Prime STNL Opportunity in Major Retail Hub

5.50%
CAP RATE
10,266
Building SF
$333,000
Current Rent
1.09
Land Acres
Double-Net (NN)
Lease Type
1990
Year Built
5.50%
CAP RATE
10,266
Building SF
$333,000
Current Rent
1.09
Land Acres
Double-Net (NN)
Lease Type
1990
Year Built

INVESTMENT OVERVIEW

  • Essential CRE is pleased to present the opportunity to acquire the fee simple interest in The Floor Store located at 7181 Amador Plaza Rd in Dublin, CA. The subject property is 10,266 square feet, resides on 1.09 acres of land and was built in 1990. The Floor Store has five years remaining on their NN lease with 3% annual rent increases (starts in 2027) and two, 5-year options. The tenant has operated on site since 2009 demonstrating the strength of this location. Surrounding retailers include Sprouts, Joann Fabrics, Safeway, REI, PetSmart, Target, CVS, Hobby Lobby, Burlington Coat Factory, The Habit Burger, Panera Bread and Chuck E Cheese.

INVESTMENT HIGHLIGHTS

  • Rare Single Tenant Net Leased Opportunity in Thriving and Rapidly Expanding Dublin, CA
  • Tenant has Operated at this Location for 15 Years; Strong Regional Operator with 9 Locations
  • Scheduled Increases - 3% Annual (starts in 2027); NN Lease Structure - Landlord Responsible for Roof, Structure & Parking Lot
  • Strategically Positioned in Major Retail Hub with Multiple Grocery and National Big Box Tenants within Close Proximity
  • Strong Traffic Counts - 26,410 Vehicles Per Day with Amazing Access, Exposure & Visibility
  • Offering Includes Verizon Wireless Cell Tower with 2.5% Annual Rent Increases

MARKET OVERVIEW

  • Recently named a top city in Northern California for young families, Dublin residents enjoy a high quality of life. The community has a wide range of residential options including single and multifamily units, at a variety of income levels, including 1,400 new rental units within one half mile of the subject site. Wallis Ranch, a master planned community to include over 700 new single-family homes is currently under construction. Boasting some of the top public schools in the state, the Tri-Valley is highly desirable area that has experienced strong residential development resurgence over the past five years. Dublin is home to two transit villages offering residents direct public transportation to San Francisco. New transit-oriented developments, such as Connolly Station, are attracting young commuters to the community.
  • Outstanding geographic location, compelling demographics, and the establishment of the Dublin/Pleasanton BART station are allowing higher density, mixed use projects to begin to take place and a thriving retail market with vibrant, full-spectrum demand.
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