
Metreon
135 4th Street, San Francisco, CA, 94103, US
29 041 mètres carrés
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a freestanding Denica’s Real Food Kitchen located at 4503 Rosewood Drive in Pleasanton, CA (“Property” or “Asset”). Denica’s operates on a NN lease with ±8.7 years of lease term remaining, 3.0% annual rent escalations and one, five-year renewal option. The Property is positioned on a large 1.69-acre parcel that provides a covered land upside. This unique opportunity allows investors the ability to acquire a strong regional retailer with high value intrinsic real estate and a below market rent.
Denica’s is positioned within Metro 580 shopping center anchored by Walmart with high visibility from I-580 with 250,000+ VPD and two major freeways connecting the Tri-Valley to the Silicon Valley. Moreover, Denica’s (and Metro 580) are located within the Hacienda Business Park with an affluent residential base of more than 209,000 daytime residents earning $247,000+ in average household income.