Excellent retail investment opportunity in El Sobrante. Fully leased multi-tenant property consisting of an established sports bar and liquor store. Approx. 4,915 SF building on a 14,288 SF corner lot with outstanding visibility and approximately 20 parking spaces. Annual rental income approximately $103,200 with a 5.36% cap rate. Long-term leases extend through 2028 with renewal options, providing stable income and future upside. Great opportunity for investors and 1031 exchange buyers.
In the heart of El Sobrante, this commercial property has two Units, one operating a gas station and convenience store, and the other is an auto repair shop with a lift. The auto repair fixtures are owned by the seller and will transfer to the new buyer at COE..
Popular long time El Sobrante Cocktail Lounge and janitorial service are currently lessees. 3542 square ft building on .65 acre lot.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
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El Sobrante is located in California. El Sobrante, California has a population of 25,798. El Sobrante is less family-centric than the surrounding county with 26.72% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in El Sobrante, California is $101,696. The median household income for the surrounding county is $110,455 compared to the national median of $69,021. The median age of people living in El Sobrante is 44.4 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 40.3 degrees. The average rainfall is approximately 24.1 inches per year, with 0 inches of snow per year.