Full Freeway Frontage Opportunity - LoopNet

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FOR SALE > COMMERCIAL REDEVELOPMENT ON INTERSTATE 680

Full Freeway Frontage Opportunity 3131 NORTH MAIN STREET, PLEASANT HILL, CA

5&6 1A

2

7 3&4

±488,000 CARS DAILY

OAK PAR K

BLV

D

1B

OAK

RD

Property Overview > North Main Street at Oak Park Boulevard, on the border of Pleasant Hill and Walnut Creek. > County of Contra Costa > Currently Zoned: RB-Retail Business > Size: 2.48 Acres > Curbs/Gutters/Sidewalks in place > Street access in place > Utilities on site

> Excellent Visibility from I-680 with average traffic of 488,000 cars per day, and easy Hwy 680 on/ off access > Over 1,100,000 SF of major retail within one mile > Over 1,200,000 SF of office within one mile > Strong Demographics

APNs

1AB 2 3&4 5&6 7

170-092-057 & 170-092-058 (Parcel One) 170-092-055 (Parcel Two) 170-092-050 (Parcels Three And Four) 170-092-054 (Parcels Five And Six) 170-092-059 (Parcel Seven)

ANNA WINTERS Vice President | Investment Services Group

+1 925 279 4624 [email protected] Lic. 01837708

COLLIERS INTERNATIONAL 1850 Mt. Diablo Blvd. Suite 200 Walnut Creek, CA 94596 www.colliers.com

FOR SALE > COMMERCIAL REDEVELOPMENT ON INTERSTATE 680

Full Freeway Frontage Opportunity 3131 NORTH MAIN STREET, PLEASANT HILL, CA

INTERSTATE 680 3&4 SIZE: 0.23 AC 170-092-050-5

2 SIZE: 0.26 AC 170-092-055-4

7 SIZE: 0.11 AC 170-092-059

NORTH MAIN ST

REET

1A SIZE: 1.04 AC 170-092-057-0

5&6 SIZE: 0.43 AC 170-092-054-7

1B SIZE: 0.41 AC 170-092-058-8

Zoning > Designation: RB-Retail Business

> Pricing information: Contact broker for more information

> Permitted Uses: Retail, Restaurants, Hotels > Current Height Limit: 35 Feet > Setbacks:

Front: 25 Feet Side: No setback required Corner Side: 25 feet Rear: No setback required

ANNA WINTERS Vice President | Investment Services Group

+1 925 279 4624 [email protected] Lic. 01837708

While the property is zoned RB with a priority on retail and hotel uses, recent discussions with the City of Pleasant Hill Planning Department have suggested that alternative uses including Mixed-Use Residential will be considered.

Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change or withdrawal without notice.

Tax Map

Main N St, Walnut Creek, CA 94596

FOR SALE > COMMERCIAL REDEVELOPMENT ON INTERSTATE 680

Full Freeway Frontage Opportunity 3131 NORTH MAIN STREET, PLEASANT HILL, CA 7

3&4 5&6 2

1A

1B

In Place Lease

APN

GROSS LAND SF

GROSS ACRES

Limitation of Liability for Informational PARCEL Report 1 A 170­-092­-057 45,302 1.04 > Tenant: Black Angus > $/Month: 18,750 T – READ CAREFULLY:THIS REPORT IS NOT AN INSURED PRODUCT ORPARCEL SERVICE OR A REPRESENTATION OF THE CONDITION 1B 170­-092­-058 17,860 0.41 > Square Feet: 9,740 > Increase: 5% / Year TO REAL PROPERTY. IT IS NOT AN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT OR 2 170­-092-­EXCLUSIVELY 055 11,326 FOR THE 0.26 BENEFIT ARY REPORT, OR ANYExpiration: FORM OF TITLE INSURANCE OR GUARANTY. THISPARCEL REPORT IS ISSUED > Lease > Options: None PPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BYPARCEL ANY OTHER PERSON. THIS REPORT MAY 3&4 170-­092­-050 10,019 0.23 NOT BE 10/31/2020 CED IN ANY MANNER WITHOUT FIRST AMERICANʼS PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT OR PARCEL AND 5 & 6 THE170­ -092­-054 18,731 THAT THE INFORMATION HEREIN IS COMPLETE OR FREE FROM ERROR, INFORMATION HEREIN IS0.43 PROVIDED ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIAL PART OF THE CONSIDERATION GIVEN IN PARCEL 7 170-­092-­059 4,574 0.11 E FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICANʼS SOLE LIABILITY FOR ANY LOSS OR CAUSED BY AN ERROR OR OMISSION DUE TO INACCURATE INFORMATION OR NEGLIGENCE THIS TOTAL IN PREPARING 107,812 2.48 REPORT mi 5 mi 3 ACCEPTS mi LIMITED TO THE FEE CHARGED FOR THE10REPORT. RECIPIENT THIS REPORT WITH THIS LIMITATION AND AGREES T AMERICAN WOULD NOT HAVE ISSUED THIS REPORT FOR THE LIMITATION OF LIABILITY DESCRIBED ABOVE. FIRST POPULATION 469,617 268,015 BUT139,381 N MAKES NO REPRESENTATION OR WARRANTY AS TO THE LEGALITY OR PROPRIETY OF RECIPIENTʼS USE OF THE 182,829 109,249 57,045 ION HEREIN. DAYTIME POPULATION

Demographics

AVG HOUSEHOLD INCOME Main N St, Walnut Creek, CA 94596

$123,694

$113,386 $108,919 8/23/2016

Page 1 (of 1)

First American Financial Corporation and/or its affiliates. All rights reserved.

ANNA WINTERS

Vice President | Investment Services Group

+1 925 279 4624 [email protected] Lic. 01837708

Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change or withdrawal without notice.

3131 NORTH MAIN STREET, PLEASANT HILL, CA

253,000

13,120

Subject Property

ON / OFF RAMP

16,100 235,000 ON / OFF RAMP

®

ANNA WINTERS | Vice President, Investment Services Group | +1 925 279 4624 | [email protected] | Lic. 01837708 Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change or withdrawal without notice.

3131 NORTH MAIN STREET, PLEASANT HILL, CA

253,000

13,120

Subject Property

ON / OFF RAMP

16,100

ON / OFF RAMP

235,000

ANNA WINTERS | Vice President, Investment Services Group | +1 925 279 4624 | [email protected] | Lic. 01837708 Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change or withdrawal without notice.