Jeremiah Moersch REALTOR®
Office: 760-533-2540
1108 Sycamore Drive, Antioch
$645,000
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0 Bed
0 Bath
.47 Acre
0 Garage
We are pleased to present a single tenant Convenience & Liquor Store located in Antioch, California. This property is fully leased to a local and experienced convenience store operator – The Spot. Previously a QuickStop location since 1999, the franchisee took over the space in 2021 and has been operating ever since. The property is part of a strip center owned by one other entity and serves the local neighborhood and community.
At the existing income without the security expense, the property produces an approximate 8.88% cap rate.
The asset is priced attractively at $210 per square foot for the building and $32 per square foot for land, this is below replacement cost and with current and potential income of the asset is truly a unique offering in the market.
Essential Information
- MLS® #
- GD23015526
- Price
- $645,000
- Bathrooms
- 0.00
- Acres
- 0.47
- Year Built
- 1971
- Type
- Commercial Sale
- Sub-Type
- Retail
- Status
- Active
Community Information
- Address
- 1108 Sycamore Drive
- City
- Antioch
- County
- Contra Costa
- State
- CA
- Zip Code
- 94509
- Senior Community
- N
Amenities
- Parking Spaces
- 26
Interior
- # of Stories
- 1
Exterior
- Lot Description
- Corner Lot
Additional Information
- Date Listed
- January 28th, 2023
- Days on Market
- 48
- Zoning
- C1
- HOA Fee Description
- 0.00
Listing Details
- Agent
- Krikor Garabedian
- Office
- Keller Williams R. E. Services
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of March 22nd, 2023 at 3:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.