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. The proximity to the Potrero Street highway exit and Del Norte BART station make this a excellent value add opportunity for an investor. The current ownership has plans drawn by an architect to reconfigure the building with a few different options which will be provided during escrow. HIGHLIGHTS BUILDING SIZE PARKING POWER ADDRESS ±2,511 sq. ft. Street Parking Individually metered for PG&E 11201 SAN PABLO AVE El Cerrito, CA CONFIGURATION STORIES OCCUPANCY (2) - Retail Two 34% (1) - Studio Apt 11201 SAN PABLO AVE | EL CERRITO, CA 5 P l e a s a n t s V a l le y R d S i lv D e r r y a C d o re e T r k a Rd il 121 VACAVILLE 116 d r R la ELMIRA b o R Rd Alamo Dr wood Red S AGUA u i s COTATI u NAPA n S t CALIENTE o V ny Petaluma Hill Rd NAPA 80 P EL a A l o d l in o e 1 t y b d t R e VERANO st S d R COUNTY R R d d y d o b a TRAVI S Ely Rd SONOMA e P N AI R FORCE Bo apa Rd de BASE ga 29 Travis Blvd Av A 12 121 12 221 r S n FAIRFIELD p ol rin 116 d g D SOLANO H PETALUMA r ill Pennsylvania Ave Rd d R 12 h ROCKVILLE lc 116 u COUNTY G Ja e meson SUISUN g Cy Chileno ta n Valley S Rd CITY Rd d R a LAKEVILLE CUTTINGS e l i 121 Cord 113 WHARF 12 CORDELIA L SEARS a U.S. NAVAL ke POINT v RESERVATI ON AMERICAN 80 il le RACEWAY R OLOMPALI d CANYON STATE HIST. RIO PARK d Sonoma Bl Sonoma R VISTA Se g ars in MT. BURDELL Po nd int La OPEN SPACE Rd ds N ir MARIN N M ARI NE WORLD B o PRESERVE BIRDS v a a 101 AFRICA U.S.A. t o p LANDING B a 680 l herto M COUNTY At n o lls 160 80 GRIZZLY nte Hi R d R 12 Lk zu m a . 37 i H v e BAY e rm Av an r r o Rd an e BLACK ol v NOVATO 37 S i POINT VALLEJO R Ry er o MARE ISLAND Island t BEL MARIN NAVAL RES. COLLINSVILLE n me KEYS SAN PABLO (CLOSED) BENICIA Ro e ra 780 Island SUISUN ac IGNACIO VALLEY BAY S SHERMAN OPEN SPACE BAY PRESERVE US NAVY- ISLAND Lu CROCKETT it cas a PORT CHICAGO V r Brow ns a Cumm t lley in C S R g Island d RODEO s ar qu nez Waterfront Rd P i t . BAY POINT 160 C PITTSBURG A ir Fr h S an l Bl h i cis Drake c v a M ARI N 80 a A m MARTINEZ g d ohn b o NAVAL J M a COUNTY u r CLYDE 4 i a r 680 o P r k w y 4 A WEAPONS STA. l CIVIC CENTER i v 18th St a e Av R blo Main St CHINA CAMP a HERCULES d P R n e OAKLEY STATE PARK a l l M I SSI ON S 242 d LOS MEDANOSi R v s s PINOLE as r FAIRFAX SAN RAFAEL BUCHANAN P COLLEGEe ANTIOCH SAN ow CONCORD m ll o 4th y i St w EL FI ELD W S RAFAEL k SAN C P l Valley ayt d Lone Tree Way d O on A R R n PABLO SOBRANTE lh d a o a PACHECO COLLEGE mbra k Pass m G R r h d R r e c i o k Alpine OF M ARI N d ir R v PROPERTY DETAILS WILDCAT e K CHRONICLE BLACK DIAMOND t Lake SAN QUENTIN S CYN. PARK PAVILION MINES REG. PARK d r S l PRI SON 3 B Balfour Rd 2 a BRIONES 11201 San Pablo Ave is a 2,511 square foot mixed-use building CORTE RICHMOND n P S EL a REG. PARK PLEASANT t a b a CLAYTON MADERA n lo Briones re D Cutting Bl D T 580 P CERRITO Reservoir HILL Rd comprised of two (2) retail spaces on theee ground levelBRENTWOOD and (1) upstairs a am ley r V 1 b A R al all l rl d 11201 San Pablo Ave V e o in o y g i c R MT. TAMALPAIS A t o a LARKSPUR v n studio apartment. d n g STATE PARK MILL e El Cerrito, CA Y San Pablo 680 BOLINAS VALLEY Reservoir CONTRA Ti b uro WALNUT n ORINDA MUIR WOODS Bl GOLDEN TILDEN PK. 24 GATE FI ELDS CREEK The building benefits from an excellent location on San Pablo Avenue, NATIONAL J.F.K. COSTA STINSON B ALBANYU.C. MONUMENT l TIBURON LAFAYETTE reek Rd 1 UNIV. just a block from the Potrero Avenue exit off Highwayarsh C 80, and less BEACH BERKELEY M Lafayette MT. DIABLO M o Reservoir STATE PARK 580 r COUNTY a g D ANGEL BERKELEY a a than one mile from the El Cerrito del Norte BART Station. This is an W n ROUND SIBLEY y v ISLAND il Ave l VALLEY 1 shby VOLCANIC e ALAMO MUIR GOLDEN 80 A B exceptional value add opportunityREG. PARK for an investor. REG. PRES. ST. M ARY' S l BEACH GATE NAT'L COLLEGE REC. AREA SAUSALITO 24 EMERYVILLE 123 tone Va S lley Rd 101 680 MORGAN POINT ALCATRAZ TREASURE PIEDMONT MORAGA TERRITORY ISLAND LAS TRAMPAS BONITA ridge REG. PRES. Golden y B REDWOOD REGIONAL DANVILLE LIGHTHOUSE Ba Gate Br. FI SHERM AN' S 13 REG. PARK WILDERNESS C am WHARF ino Van Ness 80 OAKLAND Tassajara M ERRI TT JACK LONDON R e SQUARE COLL. d w ALAMEDA Geary Blvd o In o PACBELL te MILLS d D r d o ALAMEDA na R R u U.S.F. g GOLDEN PARK tio COLLEGE d on Highlan y h d na M n R l COUNTY a e d GATE PARK B a C r l c w t INVESTMENT HIGHLIGHTS 61 A ro y G C 880 r R r t d h d e U.C.S.F. SAN u R a r t B S a r l a PROPERTY a MIXED USE BUILDING 1 v OAKLAND n j a A D OAKLAND R a l s o ANTHONY a to FRANCISCO o s ZOO m r l COLI SEUM a i T o t CHABOT o Sloat P t n l & ARENA ADDRESS 11201 San Pablo Ave e REG. PARK V H a w 280 D ll y 880 e S.F. STATE r y CITY,B STATE, ZIP El Cerrito, CA 94530 UNIV. CASTRO l 3 COM 101 14th St PARK OAKLAND VALLEY DUBLIN PACIFIC ASKING PRICE Livermore Ave $550,000 I NT' L AI RPORT DALY CITY 580 H 580 o SAN TYPE p Mixed Use P y S E a a t l SAN BRUNO l F a S o r o n t OCEAN C LEANDRO m d s 35 o 1 a PARK t t a h R a m r HAYWARD e il d R BRISBANE YEARl BUILT 1929 i s i n R t o SAN Rd d a Stanley Bl R COLMA R LIVERMORE ea CAL. STATE d l LORENZO H PARCEL SIZE - SF 2,371 SAN e UNIV.-HAYWARD S s k SOUTH p y e l FRANCISCO r i i ALAMEDA n a M 1 SAN FRANCISO n OWNERSHIP TeslaFee Rd Simple e CHABOT is BAY B s CO. FAI RGROUNDS B l l io COLLEGE n DRY CREEK B PLEASANTON d 84 PACIFICA l PIONEER PLEASANTON R RIDGERENTABLE REG. PARK SF ±2,511 HAYWARD e REG. PARK s LAKE g o SAN FRANCI SCO d 92 t 380 REG.