11201 SAN PABLO AVENUE EL CERRITO, CA 94530 I ±2,511 SF I MIXED USE BUILDING EL CERRITO DEL NORTE BART STATION OHLONE GREENWAY CYPRESS AVENUE SAN PABLO AVENUE 11201 San Pablo Ave El Cerrito, CA St. John’s Baptist school PURCHASE PRICE $550,000san francisco marin NOI EL CERRITO DEL NORTE $5,542 BART STATION PROFORMA CAP RATE golden gate10.5% fields Potrero AVENUE SQ. FT. 2,511 PRICE PER SF 11201 San Pablo Ave El Cerrito, CA $219 CYPRESS AVENUE OCCUPANCYEl Cerrito BART Station 34% SAN PABLO AVENUE 2 COLLIERS INTERNATIONAL TABLE OF CONTENTS EXECUTIVE SUMMARY 4 OHLONE GREENWAY PROPERTY HIGHLIGHTS 8 FINANCIAL OVERVIEW 12 MARKET OVERVIEW 14 LOCATION OVERVIEW 16 EXCLUSIVELY OFFERED BY: Bryan C. Webb Senior Vice President + 1 415 788 7873
[email protected] Lic: 01826546 11201 SAN PABLO AVE | EL CERRITO, CA 3 san francisco oakland 11201 San Pablo Ave El Cerrito, CA SAN PABLO AVENUE 4 COLLIERS INTERNATIONAL EXECUTIVE SUMMARY EXECUTIVE EXECUTIVE SUMMARY Colliers International, as Exclusive Advisor to the Seller, is pleased to present the opportunity to acquire the 100% fee simple interest in 11201 San Pablo Ave, El Cerrito, CA (the “Property”), a 2,511 square foot mixed-use building, The building is currently spilt up into three spaces: a ground floor florist which includes a temperature controlled cool room behind the space, an upstairs studio apartment and a vacant in-line retail space previously occupied by a bar which is currently in cold shell condition. The building was built in 1929 and has been used as a Florist shop since the 1950’s.