Property List

2995 Monument Boulevard

Core Bay Area Retail Center – Concord, CA


			
						

For Sale

5,803 SF 7-Eleven Anchored Strip Center

2995 Monument Boulevard is a multi-tenant retail strip center located in Concord, CA, a core San Francisco Bay Area market. The property consists of a 5,803 SF strip center comprised of four retail suites.

The subject property is anchored by 7-Eleven, an investment grade tenant that has occupied the space for over 30 years. The 7-Eleven lease has nine years remaining in the primary term, with two additional five year options.

The subject property’s remaining three suites benefit from a stable tenant mix of local retailers. A prospective investor will have the opportunity to keep the tenant mix as-is or create value through upgrading the tenant mix with national retailers such as pizza chains, fast casual restaurants, financial services, etc.

The subject property is located on the busy Monument Boulevard with an average daily traffic count of 37,000 vehicles.

Located near multiple demand generators, this retail center also benefits from its close proximity to downtown Concord.

Investment Highlights
  • 7-Eleven anchored strip center
  • Core Bay Area commercial asset located 0.5 miles away from downtown Concord
  • Hard corner identity along busy Monument Boulevard (ADT: 37,000)
  • 100% occupied
  • Investment grade anchor accompanied by stable, local tenants
  • 3-mile radius population of 148,097

Demographics

  1-Mile3-Mile5-Mile
Total Population31,572148,097268,605
Daytime Population21,666110,533209,889
Median HH Income$57,718$86,671$99,963
No. of Households10,74854,330100,485

Traffic Counts

Monument Blvd, S of Cowell Rd37,000 ADT
Galindo St, N of Cowell Rd28,000 ADT
Cowell Rd, E of Monument Blvd17,000 ADT

Contact

John Cumbelich 925.935.5400 x101
Marc Ninyo 925.935.5400 x111
Brandon Norton 925.935.5400 x110