An absolute NNN two-tenant retail strip shopping center located in Pittsburg, CA.

Both tenants are on new leases beginning in 2019. The offering represents the opportunity to acquire a net leased strip building along a highly trafficked intersection in Pittsburg, with combined traffic counts of nearly 30,000 VPD. There are scheduled rent increases for Mercury Pharmacy allowing for additional long-term income and a hedge against inflation.

The subject property is a net leased 4,485 SF retail building on a 13,667 SF lot located within Centurian Plaza. It is located less than half a mile from the Pittsburg Center Bart Station, and has a bus stop, allowing for easy transit to the location. Pittsburg’s primary retail arterial along Railroad Avenue, which sees over 30,000 VPD, is situated only a block away. The property is located within a designated Opportunity Zone, allowing for additional tax benefits (see page 7 for more information).