The Floor Store

Prime STNL Opportunity in Major Retail Hub

Overview

Offering Specifications

  • Price $6,000,000
  • CAP Rate 4.87%
  • Price/SF $584.45
  • Net Operating Income $292,011
  • Year Built 1990
  • Lot Size 1.09 AC
  • Lease Type NN
  • Term Remaining 6 Months

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 six months remaining on their NN lease with 5% increases every two years and one, 5-year option remaining. The tenant has operated on site since 2009 demonstrating the strength of this location. Surrounding retailers include Sprouts, Joann Fabrics, Safeway, REI, PetSmart, Target, Hobby Lobby, Burlington Coat Factory, The Habit Burger, Panera Bread and Chuck E Cheese.

Team

Brokerage Team

Michael Cisternino

Michael Cisternino

Founder & Managing Principal
Essential CRE
925.88.0888
Nick Cole

Nick Cole

Senior Investment Advisor
Essential CRE
925.482.7044