Dark Savers | $346k NOI | Antioch, CA

Investment Highlights

• Strong Location – Positioned on Somersville Road with immediate access to State Highway-4 (±165,000 VPD), providing attractive visibility and accessibility.
• Potential Buyout Opportunity – Potential opportunity to create value through a negotiated lease buyout with Savers, as lease DARK.
• Attractive Demographics – More than 169,000 residents with average household income exceeding $119,000 within a 5-mile radius.
• Passive, High-Yield Lease Structure – This investment benefits from a NN lease with a corporate guaranty by Savers Value Village, Inc., with the tenant currently dark yet continuing to pay rent.
• Scheduled Rent Growth – 10% rent escalations every five years during the base term and option periods.
• Dense Retail Corridor – Surrounded by regional and national retailers including Costco, Smart & Final Extra!, Lowe’s, PetSmart, Harbor Freight, Big 5 Sporting Goods, Chick-Fil-A, In-N-Out, and more.
• Trade Area Anchors – Across from Somersville Towne Center, a regional mall drawing consistent consumer traffic and serving as a retail hub for East Contra Costa County.

Offering Summary

RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present the opportunity to acquire the fee simple interest in the dark Savers located at 2521 Somersville Road in Antioch, California. The ±23,580 SF building is situated on a ±3.65-acre parcel at a highly visible, signalized intersection along Somersville Road with direct access to State Highway 4, which experiences traffic counts of approximately 165,000 vehicles per day. The property is leased to Savers Value Village, Inc. under a long-term NN lease with a corporate guaranty that provides investors with stable cash flow and 10% rent increases every five years throughout the primary term and option periods. Positioned within Antioch's dominant retail corridor and directly across from Somersville Towne Center, the asset benefits from strong residual land value, excellent visibility, and proximity to an extensive mix of regional and national tenants including Costco, Target, Walmart, Lowe's, Home Depot, and Kaiser Permanente Hospital. With more than 165,000 residents and average household incomes exceeding $105,000 within five miles, the surrounding trade area offers a deep consumer base in one of the East Bay's fastest-growing submarkets.