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Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
HACIENDA PLAZAOFFERING MEMORANDUM
NEW REDUCED PRICE $4,500,000
SUMMARY
SALEPrice: $XXXXXTRAFFIC & FRONTAGETraffic Volume: 10,000 on Railroad Ave
9,000 on Hartz Ave21,000 on Diablo Rdv
Frontage: 95’ on Railroad Ave
TRANSPORTATION
Parking: 20 free Surface Spaces are available; Ratio of 2.63/1,000 SFAirport: 33 minute drive to Oakland International AirportWalk Score: Very Walkable (86)Transit Score: Minimal Transit (23)
Property Downtown Danville Mixed Use BuildingAddress 115 Railroad Avenue, Danville CA 94526Assessor’s Parcel Numbers 199-350-039-4Type Single Story Multi-Tenant Retail BuildingBuilding Size ±7,995 RSF (BOMA) / ±7,610 USFLand Area 16,117 SF | 0.37 ACFAR 80% / 12,893 SFZoning DB1- Old Town RetailOwnership Fee SimpleYear Built 1977Number of Stories 1Number of Units 5Parking Stalls 21 (6 onsite and 12 offsite)Percentage Leased 91% OccupiedFraming & Exterior Wood, Stucco, BlockParking Surface AsphaltRoof Flat Roof FlatHVAC YesUtilities PG&E, EBMUD, AT&T, ComcastAccess Points 1 Railroad AvenueFrontage 113’ on Railroad AveTraffic Volume 10,000 on Railroad Ave
9,000 on Hartz Ave 21,000 on Diablo Rd
Lockehouse Retail Group is proud to offer Hacienda Plaza for Sale at 115 Railroad Avenue, Danville, CA. The subject property is a +7,610 square foot multi-tenant retail building in the heart of downtown Danville. The lot size is 16,024 square feet and offers some onsite parking. Well located at the busy 4-way intersection of Railroad Avenue and Linda Mesa, the subject property boasts about 95’ of frontage facing Railroad Ave, making it well suited for retailers seeking prominent visibility. Accessibility is also convenient thanks to the public parking lot directly across the street. The charm and character of the property are undeniable, appealing to an investor or an owner-user. The subject property backs up to the iron horse trail, is walking distance to many amenities, and just blocks to I-680 freeway. Hacienda Plaza is a pride of ownership and we look forward to sharing more features of this property with you.
Sale Price $4,500,000 Price Per Rentable SF / 7,995 SF $562.85Annual Income $215,964 Price Per Usable SF / 7,610 SF $591.33Net Operating Income $211,989.00 Price Per Land / 16,117 SF $279.00Capitalization Rate 4.71% Redeveloped FAR 80% / 12,893 SF $349.03
HIGHLIGHTS• New Reduced Price at $4,500,000• Rare Multi-Tenant Retail Building for Sale in Downtown Danville• 91% Leased with Short Term Leases to Allow for Owner Occupancy• Pride of Ownership Investment or Owner-User Play• Convenient Town Parking Lot Across Railroad Avenue• Located at 4-way Intersection with access to Iron Horse Trail• Well maintained, pride of ownership property with Danville-esque Charm
and Character
Danville Livery & MercantileSycamore Valley Road West & San Ramon Valley Blvd, Danville CA
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
HACIENDA PLAZA
Not to scale
Danville Livery & Mercantile
Suite SF TenantSuite A 739 SF Vacant - Formerly
AlterationsSuite B 637 SF Pattivs Jewelers
Suite C 950 SF Island AdvertisingSuites D - F 2,100 SF Crystal Blue Cleaners
Suite I 3,569 SF Iron Horse FitnessTotal 7,995 RSF
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
HACIENDA PLAZA- SITE PLAN
Iron Horse Trail
Railroad Ave
SUITE IIRON HORSE FITNESS
±3,569
SUITE AALL APPAREL ALTERATIONS
±739
SUITE BPATTIVS
JEWELRY±637
SUITE CISLAND
ADVERTISING±950
SUITE D, E & FCRYSTAL BLUE CLEANERS
±2,100
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
SALES COMPARABLES
120 W Linda Mesa AvenueDanville, CASALE DATE7/30/17
BUILDING SF 5,200 SF
SALE PRICE $4,400,000
PRICE / SF$846
YEAR BUILT 2016
244 Front St Danville, CASALE DATE9/20/17
BUILDING SF 1,350 SF
SALE PRICE $1,250,000
PRICE / SF$941
YEAR BUILT 1977
550 Hartz AvenueDanville, CASALE DATE1/22/2018
BUILDING SF 186,000 SF
SALE PRICE $4,000,000
PRICE / SF$667
YEAR BUILT 1960
342 Railroad AvenueDanville, CASALE DATE3/7/2018
BUILDING SF 1,114 SF
SALE PRICE $1,200,000
PRICE / SF$1,077
YEAR BUILT 1941
438-442 Hartz AvenueDanville, CASALE DATE10/25/2018
BUILDING SF 1,696 SF
SALE PRICE $1,500,000
PRICE / SF$884.43
YEAR BUILT 1935
551 Hartz AvenueDanville, CASALE DATE12/22/16
BUILDING SF 3,791 SF
SALE PRICE $2,625,000
PRICE / SF$692
YEAR BUILT 1941
327-329 Hartz Avenue Danville, CASALE DATE5/31/2017
BUILDING SF 1,817 SF
SALE PRICE $1,400,000
PRICE / SF$770
YEAR BUILT 1921
501 Hartz AvenueDanville, CASALE DATE7/31/16
BUILDING SF 2,833 SF
SALE PRICE $2,300,000
PRICE / SF$812
YEAR BUILT 1974
300 Diablo RoadDanville, CASALE DATE7/29/16
BUILDING SF 1,475 SF
SALE PRICE $1,475,000
PRICE / SF$1,000
YEAR BUILT 1943
100 School StreetDanville, CASALE DATE1/15/16
BUILDING SF 6,079 SF
SALE PRICE $4,397,500
PRICE / SF$723
YEAR BUILT 1895
CLICK HERE FOR THE DANVILLE LIVERY & MERCANTILE YOUTUBE VIDEOhttps://www.youtube.com/watch?v=jMvCoblL4j0
The Danville Livery & Mercantile is located immediately off I-680 in Danville at
Sycamore Valley Road and San Ramon Valley Boulevard (SRVB) and is regarded
as one of the East Bay’s premier shopping and dining destinations, featuring
a mix of local and regional shops, specialty services, offices and restaurants.
Besides the specialty retailers, shopper also come for the Experience - whether
it’s a Car-Show, Paws ‘N Claus, Pumpkin Jubilee or Brew it Up. There is something
for everyone at the Danville Livery so try one of our premier restaurants or
just stroll, relax and take pleasure in the tranquil and peaceful surroundings.
DANVILLE LIVERYSan Francisco
Walnut Creek
Oakland
Livermore
CANYON LAKES CENTRE
CROW CANYON
COMMONS
TASSAJARA CROSSING
BLACKHAWK PLAZA
ALAMO
BLACKHAWK
DANVILLE TOWN & COUNTRY
DANVILLE SQUARE
LAS TRAMPAS
FOSTORIA SQUARE
BOLLINGER CROSSING
STONE VALLEY PLAZA
GREEN VALLEY CENTER
SYCAMORE SQUARE
MAGNOLIA SQUARE
SHOPS AT BISHOP RANCH
DIABLO PLAZA
THE PLAZA AT GALE RANCH
DANVILLE
SAN RAMON
Hacienda Plaza
DANVILLE LIVERY AND MERCANTILE
THE ROSE GARDEN
IRON HORSE PLAZA
ALAMO PLAZA
SITE
Danville Livery & MercantileSycamore Valley Road West & San Ramon Valley Blvd, Danville CA
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
HACIENDA PLAZA - MARKET AERIAL
I - 680 - 184,000 ADT
DIABLO RD - 20,000 ADT
13,000 ADT
HARTZ AVE - 9,000 ADT
SAN
RAM
ON
VALL
EY B
LVD
- 24,
000 A
DT
RAILROAD AVE - 10,000 ADT
Hacienda Plaza
SITE
TOTAL HOUSEHOLD EXPENDITURE1 MILE 3 MILES 5 MILES
$11,360 $12,409 $10,783
AVERAGE HOUSEHOLD INCOME1 MILE 3 MILES 5 MILES
$230,685 $256,695 $218,832
ESTIMATED POPULATION1 MILE 3 MILES 5 MILES8,477 43,314 99,487
DAYTIME EMPLOYEES1 MILE 3 MILES 5 MILES9,358 15,477 65,006
FOOD AND BEVERAGES1 MILE 3 MILES 5 MILES$1,533 $1,667 $1,458
POPULATION FAMILY1 MILE 3 MILES 5 MILES85.5% 91.0% 87.3%
HOME VALUES $1M OR MORE1 MILE 3 MILES 5 MILES53.8% 57.6% 44.1%
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
HACIENDA PLAZA - DEMOGRAPHICS
#1 Ranking in the US for Highest Spending on Clothing Per Capita, by Pinpoint Demographics (Danville #1, Los Gatos #2, Los Altos $3, Saratoga #6, Santa Clara #8)
Restaurant Spending is $1,260 per month included in a total monthly retail spending of $4,141 within a 3-mile radius per Applied Demographic Solutions
Top 25 Wealthiest Cities in California and One of the Wealthiest Suburbs of Oakland and San Francisco, by Pinpoint Demographics
Top 11 Places to Live and Launch in the United States (Danville #69), per CNN Money
Top 100 Richest Zip Codes in US (Danville #41 and Alamo #50), per Little Rock date for Businessweek.com
Top 50 Safest Cities in California (Danville #9 and San Ramon #10), per The SafeWise Report
Net worth is $1,628,000 and Disposable HH Income of $132,988 within 1 mile per Esri Business Analyst
Danville, CaliforniaThe Town of Danville is located in the “Heart of the San Ramon Valley” in Contra Costa County. According to Businessweek, Danville is the 41st most expensive zip code in the United States, one of California’s Top 25 wealthiest cities as well as the 10th Safest, one of the wealthiest suburbs of Oakland and San Francisco and ranked number one in the nation in a recent forecast done by Pinpoint Demographics for the highest per capita spending on clothing. Danville’s historic downtown features the perfect blend of upscale amenities and small town charm thanks to plentiful shops, art galleries, cafes, and restaurants that draw people from throughout the area. The immediate trade area includes over 100,000 residents with an average net worth of $1,200,000.
Adria GiacomelliSENIOR VICE PRESIDENT925.997.2307adria@Lockehouse.com License #01498795
115 Railroad Avenue | Danville, CA 94526
2099 Mt. Diablo Blvd., Suite 206Walnut Creek, CA 94596License #01784084
TOWN OF DANVILLE - FUN FACTS
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