1108 Sycamore Drive, Antioch, CA 94509

About this commercial property

We are pleased to present a single tenant Convenience & Liquor Store located in Antioch, California. This property is fully leased to a local and experienced convenience store operator – The Spot. Previously a QuickStop location since 1999, the franchisee took over the space in 2021 and has been operating ever since. The property is part of a strip center owned by one other entity and serves the local neighborhood and community. At the existing income without the security expense, the property produces an approximate 8.88% cap rate. The asset is priced attractively at $210 per square foot for the building and $32 per square foot for land, this is below replacement cost and with current and potential income of the asset is truly a unique offering in the market.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$650,000

Sold April 2023 · listed $645,000, on market January 2023 · MLS #GD23015526 · Source: CRMLS

Listing Agent: Krikor Garabedian · Listing Office: Keller Williams R. E. Services · Contact: 818-298-8810 · Bought with: General NONMEMBER · NONMEMBER MRML

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