Bought with Meaghan Creedon Berkshire Hathaway
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Key Details
Sold Price $20,000,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 66,378 sqft
Price per Sqft $301
Subdivision Dublin
MLS Listing ID 41145276
Year Built 1989
Lot Size 7.000 Acres
Property Sub-Type Comm Ind For Sale
Property Description
Enea Plaza presents a rare opportunity to acquire a substantial multi-building retail investment in the heart of Dublin, California. The offering encompasses approximately 66,378 square feet across four freestanding commercial buildings situated on two parcels, providing an established retail footprint in one of the Tri-Valley's most desirable and highly traveled commercial corridors. The property benefits from an exceptional location near the I-580/I-680 interchange, offering outstanding regional accessibility and exposure. BART, multiple public transportation options, and major East Bay transportation routes are nearby, connecting the property conveniently to San Francisco, Walnut Creek, San Jose and surrounding communities. Enea Plaza features a diverse mix of established retail, service, restaurant and national tenants, with triple-net (NNN) lease structures designed to offset property taxes, insurance and common-area expenses. Several tenants have occupied the center for many years, reflecting the property's established presence within the Dublin community. The four freestanding buildings offer ample parking, mature landscaping and prominent positioning within a heavily trafficked retail area. The property's location within Dublin's dynamic commercial environment, combined with surrounding high-density residential development and continued growth throughout the Tri-Valley, further enhances its long-term investment appeal. Family-owned for more than 70 years, the property has evolved alongside Dublin from its early history as orchard land and a drive-in theater site into the established commercial destination it is today. This is a unique opportunity to acquire a legacy East Bay retail asset offering existing income, a strategic location, diversified tenancy and compelling long-term ownership potential.
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling Area A/C, Central Air, Individual Air
Flooring Carpet, Tile
Building
Lot Description Corner Lot, Shopping Center, Business District, Shopping Center Nearby, Shopping Nearby
Story 1
Others
Special Listing Condition Standard
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