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Executive Summary Starboarboard Commercial Brokerage Inc, as Exclusive Brokerage to the Seller, is pleased to present the opportunity to acquire the 100% fee simple interest in 2700-2708 Willow Pass Road, Concord, CA (the "Property"), a 5,293 square foot Multi-Tenant Retail building, the building is currently split up into two spaces, Minuteman Press and Fit Body. The property is 100% occupied with significant near-term upside with tenants paying below market rent. The subject property is located between Downtown Concord and a growing residential community, with over 12,000 new residential units scheduled to break ground in the near future. the building was built in 1945 and is made of a sturdy reinforced concrete foundation with a concrete block frame. The HVAC units were replaced in 2009 along with ADA upgrades to the front of the building. The building has 3 phase power and a dock high roll-up door in the rear of the Minuteman Press space. Proximity to the Concord Blvd highway exit and Concord BART station makes this an excellent value and opportunity for an investor.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 21,819 | 126,609 | 252,649 | |
| Population Median Age | 39 | 39 | 40 | |
| Population by Age | 0-9 Yrs | 2356 (10%) | 16052 (12%) | 31595 (12%) |
| 10-19 Yrs | 2308 (10%) | 12532 (9%) | 25862 (10%) | |
| 20-29 Yrs | 3544 (16%) | 18228 (14%) | 32721 (12%) | |
| 30-39 Yrs | 3328 (15%) | 19804 (15%) | 37551 (14%) | |
| 40-49 Yrs | 2955 (13%) | 16203 (12%) | 33243 (13%) | |
| 50-59 Yrs | 2822 (12%) | 17633 (13%) | 35872 (14%) | |
| 60-69 Yrs | 2472 (11%) | 14260 (11%) | 29773 (11%) | |
| 70+ Yrs | 2034 (9%) | 11895 (9%) | 26033 (10%) | |
| Median HH Income | $68,437 | $87,279 | $99,989 | |
| Total Household Income | < 24K | 1370 (16%) | 6011 (12%) | 9808 (10%) |
| 25-49K | 1762 (21%) | 6999 (15%) | 11958 (12%) | |
| 50-74K | 1415 (16%) | 7017 (15%) | 12434 (13%) | |
| 75-99K | 1168 (13%) | 6589 (14%) | 12682 (13%) | |
| 100-199K | 2098 (25%) | 15092 (32%) | 31191 (33%) | |
| 200K+ | 539 (6%) | 4819 (10%) | 15682 (16%) | |
| Highest Education Level | No Diploma | 1804 | 10413 | 15162 |
| Diploma or GED | 3510 | 16324 | 28916 | |
| Some College | 4119 | 22340 | 40120 | |
| Assoc. Degree | 1300 | 7992 | 16186 | |
| Bachelors Degree | 3317 | 22523 | 52584 | |
| Higher Degree | 1837 | 10489 | 28509 | |
| Total Housing Units | 8,716 | 48,184 | 97,155 | |
| --Owner-Occupied | 3,479 | 26,232 | 59,027 | |
| --Renter-Occupied | 4,872 | 20,295 | 34,728 | |
| Owner-Occupied Values | < 100K | 54 | 1449 | 2066 |
| 100-199K | 75 | 1121 | 1472 | |
| 200-299K | 386 | 1916 | 2941 | |
| 300-399K | 374 | 2285 | 4568 | |
| 400-499K | 1126 | 4399 | 8278 | |
| 500K+ | 1463 | 15062 | 39702 | |
| Total Working Age Population | 18,056 | 103,052 | 205,509 | |
| In Work Force | 12,074 | 69,792 | 137,944 | |
| Not In Work Force | 5,982 | 33,260 | 67,565 | |
| Workforce Employed | 11,346 | 66,247 | 131,417 | |
| Workforce Unemployed | 707 | 3,439 | 6,343 | |
| Civlian Workforce | 12,053 | 69,686 | 137,760 | |
| Military Workforce | 21 | 106 | 184 | |
| Total Households | 8,351 | 46,527 | 93,755 | |
| Family Households | 4,848 | 30,817 | 63,343 | |
| Non-Family Households | 3,503 | 15,709 | 30,412 | |
| Married Couple | 3,439 | 22,668 | 49,246 | |
| Other Family | 1,409 | 8,149 | 14,097 | |
| Married w/Child | 1,408 | 9,228 | 20,456 | |
| Single Male w/Child | 231 | 1,256 | 1,906 | |
| Single Female w/Child | 411 | 2,572 | 4,424 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| California | 33,871,648 | +10 | 37,253,956 | +9 | 40,467,295 | +8 | 43,631,295 |
| Alameda County | 1,443,741 | +5 | 1,510,271 | +12 | 1,696,752 | +10 | 1,861,027 |
| Contra Costa County | 948,816 | +11 | 1,049,025 | +12 | 1,171,305 | +11 | 1,296,786 |
| Solano County | 394,542 | +5 | 413,344 | +9 | 449,432 | +11 | 499,633 |