Commercial Investment Property in Moraga

/ Golden Coast Properties/

SOLD

581 Moraga Road, Moraga, $1,200,000

581 Moraga Road, Moraga

Listing courtesy of Dave Schnayer

Corner lot building with single tenant | NNN lease with FMR renewal option | $4,455/month | 4.5% cap rate

  • Free standing building on corner lot operated as Golden Palace Chinese and Japanese restaurant.
  • Rare quality Bay Area NNN investment under $1.5M price point and ideal for 1031 investors too.
  • 3% annual increases in rent through expiration in 2/2019. 1 x 5 year option to renew lease at FMR.
  • Lot size is 16,988 square feet and building size is 2,682 square feet.
  • Central Moraga across from the Rheem Shopping Center with TJ Maxx, HomeGoods, CVS, Starbucks, Nations, Dover Saddlery, 24 Hour Fitness and more.
  • Saint Mary's College and several new housing developments are also nearby.