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MRE Commercial Real Estate

PRIME CORNER RETAIL SPACE
END CAP AT HIGH TRAFFIC LOCATION
SAN FRANCISCO BAY AREA
EL CERRITO

LEASED

LOCATION:  Close to Hwy 80 at Potrero Ave exit. Close to BART (light rail mass transit).  Located at the corner of San Pablo Avenue and Potrero Ave.

DESCRIPTION:  Approximately 5,657 square feet of modern and attractive retail space available at a busy Bay intersection. This is an end cap unit in a 25,500-square-foot neighborhood retail strip center with 125 parking spaces.  This space in particular (and the entire center) has great visibility at a corner location.  Among eight other tenants in this center are Carrows Restaurant, Radio Shack Electronics and Little Caesar’s Pizza. Other tenant uses include beauty supplies, dry cleaners, check cashing, liquor store, and service office space. Denny’s is across the street.  Zoning is retail / commercial.

COUNTS:  ADT of 25,000; population of 134,000 within three (3) miles; median household income within three (3) miles of $54,000.

NEIGHBORHOOD RETAILERS—
Within ¼ Mile:
 Target, Staples, Walgreens, Hollywood Video, Big 5 Sporting Goods, and Orchard Supply Hardware.
Within ¾ Mile:
  Home Depot, Marshals, Safeway, MacDonald's, Starbucks, Pizza Hut, Honda Dealership, Der Wienerschnitzel, Strings Restaurant, and Bank of the West.

SIZE:  Approximately 4,100 square feet.

LEASE RATE:  $2.25 per square foot / monthly, plus NNN.  NNN now is about $0.48 psf.

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BROKER ADVISORY:  This is a confidential offering subject to current tenant’s rights and the vacating of the premises on December 1, 2006.

CONTACT:  Roger Mills 510-450-1424 | roger_mills@msn.com

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All information furnished herein was provided by sources deemed reliable, but no representation is made or implied as to the accuracy thereof. All information herein is offered in good faith, but is subject to errors, omissions, change of price, prior sale, lease, financing, withdrawal without notice, rental or other conditions.

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