The LL CRE Group help our client purchase this retail property located in the growing East Bay community of Pinole through a 1031 Exchange. The client traded out of a high-maintenance 320-unit multifamily property in Henderson, Nevada into a medical office and retail shopping center, effectively increasing their net income from approximately $1.7 million to $2.0 million.

Property Details

• East Bay Core Location with Strong Demographics

• Represented 1031 Exchange Buyer

• In-place CAP Rate of 6.42%

• Strong Retail Corridor & Tenant Mix

• Strip Shopping Center with Strong National Tenants and Highway Visibility

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