2385 Sand Creek Road Retail
  • Asking Price
    $3MAsking Price
  • NOI
    $186KNOI
  • Cap Rate
    6.25%Cap Rate
  • Gross Leasable Area
    5,618 SFGross Leasable Area
  • Lot Size
    0.92 acresLot Size
  • Year Built
    2009Year Built

Description

The Red Robin property is a freestanding, approximately 5,618-square-foot restaurant on about 0.92 acres within The Streets of Brentwood. Colliers is marketing the single-tenant investment. Red Robin has operated here since 2009, with a five-year lease extension through 2029 identified in the offering.

The absolute NNN ground lease is reported to carry no landlord responsibilities and provides 10% rent increases every five years, including options. Buyers should verify the lease structure and obligations in the executed documents. The property fronts Sand Creek Road near State Route 4, with combined reported traffic exceeding approximately 86,558 vehicles daily. The surrounding roughly 358,700-square-foot retail and entertainment center includes Sprouts, AMC, Barnes & Noble and other national operators, with additional hotel, healthcare and retail development identified nearby.

Offering Summary

  • Asking Price
    $2,981,000
  • Price PSF
    $531
  • Property Type
    Retail
  • Occupancy
    100%
  • Built
    2009
  • Total Acres
    ~0.92 ac

Sale Details

  • Cap Rate
    6.25%
  • NOI
    $186,340
  • In-Place Cap Rate
    6.25%
  • In-Place NOI
    $186,340

Documents

Property Address

2385 Sand Creek Road
Brentwood, CA 94513

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2009
  • Year Renovated
    2009
  • Lease Type
    NNN, Absolute Net
  • Zoning
    Commercial
  • APN
    019-910-001
  • Ownership Interest
    Ground Lease
  • Gross Leasable Area
    5,618 SF
  • Available GLA
    5,618 SF
  • Acres
    0.92

Deal Team

Adam Malan profile image

Adam Malan

Vice Chair
Colliers
NV RE Lic. 0063542
Deana Marcello profile image

Deana Marcello

Executive Vice President
Colliers
NV RE Lic. 174174