Absolute NNN Ground Lease

Essential CRE is pleased to present the exclusive opportunity to acquire the ground lease interest in the Pump House service station and convenience store located at 700 Tennent Avenue in Pinole, CA (East Bay SF). The subject property is 1,327 square feet, resides on .20 acres of land and was constructed in 1961. Pump House has 9 years remaining on an absolute NNN ground lease with annual increases. Signalized corner location located in downtown Pinole attracting local customers and commuters from San Pablo Avenue.

Absolute NNN Ground Lease with 9+ Years Remaining and Scheduled Annual Rent Increases
Rare Single Tenant Net Leased Opportunity in Quaint Downtown East Bay-SF Community
Subject Property has Operated as Service Station and Convenience Store Serving the Community for 62 Years

Pinole is a small city located in Contra Costa County, California, United States. It is situated in the San Francisco Bay Area, approximately 20 miles northeast of San Francisco. Pinole is a relatively small city, covering an area of approximately 5.3 square miles (13.8 square kilometers). As of my last knowledge update in September 2021, the population was around 19,000 residents. Historically, Pinole's economy was tied to agriculture and shipping, but it has since evolved into a suburban community with a diverse economy. Residents often commute to nearby cities like Richmond, Berkeley, and San Francisco for employment opportunities. Pinole has good transportation connections, with Interstate 80 passing through the city. This highway provides easy access to neighboring cities and the San Francisco Bay Area. Public transportation options include AC Transit bus service, which connects Pinole to other parts of the East Bay.