
Metreon
135 4th Street, San Francisco, CA, 94103, US
312,592 平方呎
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.