Denica's Real Food Kitchen - Pleasanton, CA_Property for Sale
Denica's Real Food Kitchen - Pleasanton, CA_Property for Sale

Denica's Real Food Kitchen - Pleasanton, CA

4503 Rosewood Drive, Pleasanton, CA, 94588, US

Asset description

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.

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Attributes

Asking price
₱227,525,000
Cap rate
6%
NOI
₱13,652,000
Building area net
674 sm
Land area gross
0.68 ha
WAULT
8.7 years
Year renovated
2024

Media

Investment highlights

  • Highly sought after local Tenant with strong performance, below market rent, and attractive 3% rent escalators
  • Highly trafficked main and main location in San Francisco MSA within the affluent Tri-Valley
  • Situated amidst high-volume retail hub with leading Placer.ai rankings
  • Direct consumer base from Hacienda Business Park master community
Denica's Real Food Kitchen - Pleasanton, CA 4_Property for Sale
Denica's Real Food Kitchen - Pleasanton, CA 4_Property for Sale

Contact brokers

Denica's Real Food Kitchen - Pleasanton, CA (0 Properties)

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Last updated
Apr 28, 2025