76 Service Station

3523 Mt Diablo Blvd,
Lafayette, CA 94549

 

1,612
Building SF
23,883 VPD
Traffic Counts
.37
Land Acres
 
 
.10
Building FAR
 
 
1,612
Building SF
23,883 VPD
Traffic Counts
.37
Land Acres
 
 
.10
Building FAR
 
 

INVESTMENT OVERVIEW

  • The 76 Service Station & Auto Repair located at 3523 Mt Diablo Boulevard in Lafayette, CA has been valued at $3,000,000 based on a number of contributing factors which include intrinsic land value, existing service station/auto repair improvements, redevelopment potential and comparable sales. The subject property is strategically positioned in downtown Lafayette with high visibility, multiple points of ingress and egress, strong traffic counts and within close proximity to Highway 24. The immediate trade area commands top of market rental rates for service based retail. While currently configured for service station use, the long term development opportunity, including assembling adjacent parcels, provides for higher density potential.

INVESTMENT HIGHLIGHTS

  • PREMIERE DOWNTOWN LAFAYETTE LOCATION; POSITIONED WELL FOR CURRENT AND FUTURE RETAIL USES
  • HIGH VOLUME SERVICE STATION WITH STRONG OPERATING HISTORY; LIMITED COMPETITION
  • SURROUNDED BY ESTABLISHED NATIONAL & LOCAL RETAILERS INCLUDING SAFEWAY & WHOLE FOODS
  • STRONG TRAFFIC COUNTS (23,883 VPD) ON MT DIABLO BLVD AND IMMEDIATE ACCESS TO HIGHWAY 24

MARKET OVERVIEW

  • Lafayette is a city located in Contra Costa County, California. It is situated in the East Bay region of the San Francisco Bay Area, approximately 22 miles east of San Francisco. Lafayette is known for its picturesque setting, affluent community, and high quality schools, making it a highly desirable place to live. Lafayette is recognized as one of the more affluent communities in the Bay Area. It has a relatively high median household income and a well-educated population. The city's residents include professionals, executives, and families who appreciate the city's amenities and proximity to job centers.
  • Lafayette has a strong sense of community and offers a high quality of life. It is known for its charming downtown area, which features boutique shops, restaurants, and a weekly farmers market. The city hosts various events and festivals throughout the year, fostering a vibrant community spirit. Lafayette offers convenient access to major urban centers. The city is well-connected to nearby cities like Walnut Creek, Oakland, and San Francisco via major highways and public transportation options, including the Bay Area Rapid Transit (BART) system.
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