525 Williams, San Leandro, CA

Former liquor store, full demo and rebuild. No gas. Right across from Bart station, high traffic counts and density.

NOI: $165,000
Lease term: 15 year NNN Ground Lease 10% bumps every 5 years.
Lot Size: 15,828 (.36 Acres)
Store Size: 3,060 Sqft
Anticipated Cap Rate: 4-4.25% Cap
Rent Commencement: April 1, 2021