Freestanding For Sale • 12,000 SF
| Absolute NNN Sale-Leaseback: 12,000 SF building featuring a corporate-guaranteed lease with 10% rent increases every five years and two 5-year options |
| Stable Performance: Consistent location ranking in the 54th percentile of furniture stores nationwide with approx. 10,500 annual visits, per Placer.ai |
| Brand Strength: La-Z-Boy (NYSE: LZB) is a legacy brand with nearly 100 years of operation and nationwide name recognition. |
| Resilient Asset Class: Internet-resistant tenancy; the “try-before-you-buy” nature of furniture ensures long-term utility of the physical showroom. |
| Costco Shadow Anchor: Strategically positioned immediately adjacent to a high-volume Costco Wholesale, driving daily high-value crossover traffic. |
| Regional Crossroads: Located at the critical I-80/I-680 interchange (“Gateway to the Bay”), benefiting from traffic counts of ~174,000 VPD on I-80. |
| Cap Rate: | 6.50 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 13 min | - | 8.9 mi | |
| Airport | Drive | Walk | Distance |
| Metro Oakland International | 56 min | - | 44.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 50 |
| Type: | Surface |
| Included in Rent: | Yes |