The Vine Center 1722-1779 1st St

Investment Highlights

Below-Market Assumable Financing: Very attractive assumable financing in-place with an interest rate of 3.8% and maturity date of November 2029 Located along First St., which is the primary commercial thoroughfare that runs through the city, and is minutes from Downtown and local wineries Low Price Per Square Foot: At the list price, the property is expected to trade below replacement cost and is an incredible value

Executive Summary

Infill Bay Area Multi-Tenant Retail Center in Livermore, CA. The tenants are well established and have a proven track record of performance and on-time rental payment history.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Storefront Storefront General Retail Restaurant General Retail Movie Theatre Storefront
• Building Size    35,915
• Building Class    B
• Year Built/Renovated    1960/2003
• Price    11,510,000
• Price Per SF    320
• Cap Rate    6
• NOI    690,593
• Percent Leased    98
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.49
• Land Acres    1.69 AC

• Banking
• Courtyard
• Restaurant
• Signage
• Tenant Controlled HVAC