308 Soscol Avenue

Napa, CA 94559

Listing ID: 259243

$17,087,000

For Sale

Property Type Retail for Sale : Shopping Center
Lot Size Acres 2.190
Building Sq Ft 29,531
Building Price per Sq Ft $578.61
Land Sq Ft 95,396
Land Price per Sq Ft $179.12

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Property Highlights

• 100 occupied mix of national and regional retailers

• LEED certified and highly attractive construction

• All tenants are currently paying their full base rent

• Pylon signage ease of access on both Soscol Ave. and Kansas Ave.

• Bay Area location less than 50 miles north of San Francisco

• Average household incomes exceed $113,000 within a 5-mile radius

• Prominent retail node in Napa, surrounded by national retailers

Description

The Napa Crossing South shopping center is positioned on the signalized intersection of Soscol Avenue and Kansas Avenue, and benefits from excellent street visibility and daily combined traffic counts of 28,890 VPD. The subject property is fully occupied by a dynamic mix of national and regional retailers, including Michaels, Xfinity, Massage Envy, Hunter Gatherer, and a nail salon. The Michaels lease runs through March 2025, and is subject to two 5-year extension options with rental increases at the start of each option. The remaining tenants have staggered lease structures that roll between 2025 and 2028, respectively.
Napa Crossing South is directly east of State Route 29, which serves as the primary road through the Napa Valley, providing access to the Lake County region to the north and the rest of the Bay Area to the south. The subject property is part of the Napa Crossing South shopping center, is adjacent to Marshalls & HomeGoods, and is directly behind an outparcel strip center that features Chipotle and MOD Pizza (the Chipotle strip center is available separately. Please contact Broker for details). The subject property benefits from its location within one of Napa’s primary daily needs retail nodes, and is adjacent to a Target, Home Depot and Raley’s anchored shopping center, thus providing additional traffic to the area.

Attachments & Files

napa-crossing-south-parcel-2-napaca-jD4-RD1.pdf

Listing Demographics for 308 Soscol Avenue Napa, CA 94559

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.

		1-Mile	3-Miles	5-Miles
Total Population		12,365	57,152	88,226
Population Median Age		37	38	40
Population by Age	0-9 Yrs	1491 (12%)	6833 (11%)	9771 (11%)
	10-19 Yrs	1800 (14%)	7764 (13%)	11730 (13%)
	20-29 Yrs	1649 (13%)	7786 (13%)	10933 (12%)
	30-39 Yrs	1949 (15%)	9100 (15%)	12280 (13%)
	40-49 Yrs	1664 (13%)	7162 (12%)	11371 (12%)
	50-59 Yrs	1606 (12%)	7122 (12%)	11689 (13%)
	60-69 Yrs	1320 (10%)	6233 (10%)	10537 (11%)
	70+ Yrs	886 (7%)	5153 (9%)	9914 (11%)

Median HH Income		$78,471	$81,738	$88,610
Total Household Income	< 24K	463 (11%)	2139 (10%)	3300 (10%)
	25-49K	867 (21%)	3652 (18%)	5071 (16%)
	50-74K	606 (15%)	3186 (16%)	4709 (15%)
	75-99K	584 (14%)	3007 (15%)	4434 (14%)
	100-199K	1112 (27%)	5621 (28%)	9407 (30%)
	200K+	402 (9%)	1969 (10%)	4066 (13%)

Highest Education Level	No Diploma	1759	7450	9575
	Diploma or GED	1623	7600	11316
	Some College	1864	8489	13803
	Assoc. Degree	623	3515	5484
	Bachelors Degree	1568	7927	13939
	Higher Degree	839	4066	7413

Total Housing Units		4,461	21,524	34,301
--Owner-Occupied		2,128	9,920	18,459
--Renter-Occupied		1,906	9,655	12,528
Owner-Occupied Values	< 100K	115	446	645
	100-199K	23	115	302
	200-299K	59	255	345
	300-399K	230	1013	1415
	400-499K	368	1696	2245
	500K+	1333	6395	13507

Total Working Age Population		9,802	45,650	71,169
In Work Force		6,766	31,582	47,761
Not In Work Force		3,036	14,068	23,408
Workforce Employed		6,388	30,032	45,586
Workforce Unemployed		378	1,541	2,145
Civlian Workforce		6,766	31,573	47,732
Military Workforce		0	8	29

Total Households		4,034	19,575	30,987
Family Households		2,619	12,726	20,943
Non-Family Households		1,415	6,849	10,044
Married Couple		1,888	9,471	16,289
Other Family		731	3,255	4,654
Married w/Child		857	4,454	6,914
Single Male w/Child		136	433	815
Single Female w/Child		253	1,168	1,520

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
Marin County	247,289	+2	252,409	+4	263,085	+2	267,912
Napa County	124,279	+10	136,484	+4	141,701	+5	149,289
Solano County	394,542	+5	413,344	+9	449,432	+11	499,633
Sonoma County	458,614	+6	483,878	+5	508,017	+7	543,369
Yolo County	168,660	+19	200,849	+13	227,595	+14	259,339

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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