hacienda plaza - loopnet...walk score: very walkable (86) transit score: minimal transit (23)...

Adria GiacomelliSENIOR VICE [email protected] License #01498795

115 Railroad Avenue | Danville, CA 94526

2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084

HACIENDA PLAZAOFFERING MEMORANDUM

NEW REDUCED PRICE $4,500,000

SUMMARY

SALEPrice: $XXXXXTRAFFIC & FRONTAGETraffic Volume: 10,000 on Railroad Ave

9,000 on Hartz Ave21,000 on Diablo Rdv

Frontage: 95’ on Railroad Ave

TRANSPORTATION

Parking: 20 free Surface Spaces are available; Ratio of 2.63/1,000 SFAirport: 33 minute drive to Oakland International AirportWalk Score: Very Walkable (86)Transit Score: Minimal Transit (23)

Property Downtown Danville Mixed Use BuildingAddress 115 Railroad Avenue, Danville CA 94526Assessor’s Parcel Numbers 199-350-039-4Type Single Story Multi-Tenant Retail BuildingBuilding Size ±7,995 RSF (BOMA) / ±7,610 USFLand Area 16,117 SF | 0.37 ACFAR 80% / 12,893 SFZoning DB1- Old Town RetailOwnership Fee SimpleYear Built 1977Number of Stories 1Number of Units 5Parking Stalls 21 (6 onsite and 12 offsite)Percentage Leased 91% OccupiedFraming & Exterior Wood, Stucco, BlockParking Surface AsphaltRoof Flat Roof FlatHVAC YesUtilities PG&E, EBMUD, AT&T, ComcastAccess Points 1 Railroad AvenueFrontage 113’ on Railroad AveTraffic Volume 10,000 on Railroad Ave

9,000 on Hartz Ave 21,000 on Diablo Rd

Lockehouse Retail Group is proud to offer Hacienda Plaza for Sale at 115 Railroad Avenue, Danville, CA. The subject property is a +7,610 square foot multi-tenant retail building in the heart of downtown Danville. The lot size is 16,024 square feet and offers some onsite parking. Well located at the busy 4-way intersection of Railroad Avenue and Linda Mesa, the subject property boasts about 95’ of frontage facing Railroad Ave, making it well suited for retailers seeking prominent visibility. Accessibility is also convenient thanks to the public parking lot directly across the street. The charm and character of the property are undeniable, appealing to an investor or an owner-user. The subject property backs up to the iron horse trail, is walking distance to many amenities, and just blocks to I-680 freeway. Hacienda Plaza is a pride of ownership and we look forward to sharing more features of this property with you.

Sale Price $4,500,000 Price Per Rentable SF / 7,995 SF $562.85Annual Income $215,964 Price Per Usable SF / 7,610 SF $591.33Net Operating Income $211,989.00 Price Per Land / 16,117 SF $279.00Capitalization Rate 4.71% Redeveloped FAR 80% / 12,893 SF $349.03

HIGHLIGHTS• New Reduced Price at $4,500,000• Rare Multi-Tenant Retail Building for Sale in Downtown Danville• 91% Leased with Short Term Leases to Allow for Owner Occupancy• Pride of Ownership Investment or Owner-User Play• Convenient Town Parking Lot Across Railroad Avenue• Located at 4-way Intersection with access to Iron Horse Trail• Well maintained, pride of ownership property with Danville-esque Charm

and Character

Danville Livery & MercantileSycamore Valley Road West & San Ramon Valley Blvd, Danville CA




HACIENDA PLAZA

Not to scale

Danville Livery & Mercantile

Suite SF TenantSuite A 739 SF Vacant - Formerly

AlterationsSuite B 637 SF Pattivs Jewelers

Suite C 950 SF Island AdvertisingSuites D - F 2,100 SF Crystal Blue Cleaners

Suite I 3,569 SF Iron Horse FitnessTotal 7,995 RSF




HACIENDA PLAZA- SITE PLAN

Iron Horse Trail

Railroad Ave

SUITE IIRON HORSE FITNESS

±3,569

SUITE AALL APPAREL ALTERATIONS

±739

SUITE BPATTIVS

JEWELRY±637

SUITE CISLAND

ADVERTISING±950

SUITE D, E & FCRYSTAL BLUE CLEANERS

±2,100




SALES COMPARABLES

120 W Linda Mesa AvenueDanville, CASALE DATE7/30/17

BUILDING SF 5,200 SF

SALE PRICE $4,400,000

PRICE / SF$846

YEAR BUILT 2016

244 Front St Danville, CASALE DATE9/20/17



PRICE / SF$941

YEAR BUILT 1977

550 Hartz AvenueDanville, CASALE DATE1/22/2018



PRICE / SF$667

YEAR BUILT 1960

342 Railroad AvenueDanville, CASALE DATE3/7/2018



PRICE / SF$1,077

YEAR BUILT 1941

438-442 Hartz AvenueDanville, CASALE DATE10/25/2018



PRICE / SF$884.43

YEAR BUILT 1935




PRICE / SF$692

YEAR BUILT 1941

327-329 Hartz Avenue Danville, CASALE DATE5/31/2017



PRICE / SF$770

YEAR BUILT 1921




PRICE / SF$812

YEAR BUILT 1974

300 Diablo RoadDanville, CASALE DATE7/29/16



PRICE / SF$1,000

YEAR BUILT 1943

100 School StreetDanville, CASALE DATE1/15/16



PRICE / SF$723

YEAR BUILT 1895

CLICK HERE FOR THE DANVILLE LIVERY & MERCANTILE YOUTUBE VIDEOhttps://www.youtube.com/watch?v=jMvCoblL4j0

The Danville Livery & Mercantile is located immediately off I-680 in Danville at

Sycamore Valley Road and San Ramon Valley Boulevard (SRVB) and is regarded

as one of the East Bay’s premier shopping and dining destinations, featuring

a mix of local and regional shops, specialty services, offices and restaurants.

Besides the specialty retailers, shopper also come for the Experience - whether

it’s a Car-Show, Paws ‘N Claus, Pumpkin Jubilee or Brew it Up. There is something

for everyone at the Danville Livery so try one of our premier restaurants or

just stroll, relax and take pleasure in the tranquil and peaceful surroundings.

DANVILLE LIVERYSan Francisco

Walnut Creek

Oakland

Livermore

CANYON LAKES CENTRE

CROW CANYON

COMMONS

TASSAJARA CROSSING

BLACKHAWK PLAZA

ALAMO

BLACKHAWK

DANVILLE TOWN & COUNTRY

DANVILLE SQUARE

LAS TRAMPAS

FOSTORIA SQUARE

BOLLINGER CROSSING

STONE VALLEY PLAZA

GREEN VALLEY CENTER

SYCAMORE SQUARE

MAGNOLIA SQUARE

SHOPS AT BISHOP RANCH

DIABLO PLAZA

THE PLAZA AT GALE RANCH

DANVILLE

SAN RAMON

Hacienda Plaza

DANVILLE LIVERY AND MERCANTILE

THE ROSE GARDEN

IRON HORSE PLAZA

ALAMO PLAZA

SITE

Danville Livery & MercantileSycamore Valley Road West & San Ramon Valley Blvd, Danville CA




HACIENDA PLAZA - MARKET AERIAL

https://www.youtube.com/watch?v=jMvCoblL4j0&feature=youtu.be

I - 680 - 184,000 ADT

DIABLO RD - 20,000 ADT

13,000 ADT

HARTZ AVE - 9,000 ADT

SAN

RAM

ON

VALL

EY B

LVD

- 24,

000 A

DT

RAILROAD AVE - 10,000 ADT

Hacienda Plaza

SITE

TOTAL HOUSEHOLD EXPENDITURE1 MILE 3 MILES 5 MILES

$11,360 $12,409 $10,783

AVERAGE HOUSEHOLD INCOME1 MILE 3 MILES 5 MILES

$230,685 $256,695 $218,832

ESTIMATED POPULATION1 MILE 3 MILES 5 MILES8,477 43,314 99,487

DAYTIME EMPLOYEES1 MILE 3 MILES 5 MILES9,358 15,477 65,006

FOOD AND BEVERAGES1 MILE 3 MILES 5 MILES$1,533 $1,667 $1,458

POPULATION FAMILY1 MILE 3 MILES 5 MILES85.5% 91.0% 87.3%

HOME VALUES $1M OR MORE1 MILE 3 MILES 5 MILES53.8% 57.6% 44.1%




HACIENDA PLAZA - DEMOGRAPHICS

#1 Ranking in the US for Highest Spending on Clothing Per Capita, by Pinpoint Demographics (Danville #1, Los Gatos #2, Los Altos $3, Saratoga #6, Santa Clara #8)

Restaurant Spending is $1,260 per month included in a total monthly retail spending of $4,141 within a 3-mile radius per Applied Demographic Solutions

Top 25 Wealthiest Cities in California and One of the Wealthiest Suburbs of Oakland and San Francisco, by Pinpoint Demographics

Top 11 Places to Live and Launch in the United States (Danville #69), per CNN Money

Top 100 Richest Zip Codes in US (Danville #41 and Alamo #50), per Little Rock date for Businessweek.com

Top 50 Safest Cities in California (Danville #9 and San Ramon #10), per The SafeWise Report

Net worth is $1,628,000 and Disposable HH Income of $132,988 within 1 mile per Esri Business Analyst

Danville, CaliforniaThe Town of Danville is located in the “Heart of the San Ramon Valley” in Contra Costa County. According to Businessweek, Danville is the 41st most expensive zip code in the United States, one of California’s Top 25 wealthiest cities as well as the 10th Safest, one of the wealthiest suburbs of Oakland and San Francisco and ranked number one in the nation in a recent forecast done by Pinpoint Demographics for the highest per capita spending on clothing. Danville’s historic downtown features the perfect blend of upscale amenities and small town charm thanks to plentiful shops, art galleries, cafes, and restaurants that draw people from throughout the area. The immediate trade area includes over 100,000 residents with an average net worth of $1,200,000.




TOWN OF DANVILLE - FUN FACTS

hacienda plaza - loopnet...walk score: very walkable (86) transit score: minimal transit (23)...

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