Retail Business for Sale in Napa, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Napa, CA 94559

Description

First Street Napa has a new story to tell. Downtown Napa is vibrant and full of life following the tide of change in many urban villages that attracted more locals and regionals to community-driven streets — so much so that JLL featured First Street Napa as a retail success story on a recent podcast. First Street Napa attracts families, explorers, regional visitors, multi-generational shoppers, “exurbanites,” and restaurant adventurers, as well as date-nighters and locals. A true community spirit fosters and lives here. Lululemon expanded their test store to a permanent location. Anthropologie and Free People are thriving, as is the food and beverage tenants at the center: Kitchen Door, Charlie Palmer Steak, Eiko’s, Chateau Buena Vista, Mayacamas, and Sky & Vine, the vibrant rooftop bar at the Archer Hotel.

Market Context

This retail in Napa, CA is listed for sale. It has been on the market for 93 days. Compare it against other retail listings for sale in Napa, CA — <a href="/search/sale/retail/california/napa">view the full market</a>.

As of Q3 2021, the San Francisco North Bay retail market showed a 5.4% vacancy rate, average asking rents near $32.35/SF/yr, and cap rates around 5.8%. Source: Www.lee-Associates.com Q3 2021 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Francisco North Bay?
About 5.8% as of Q3 2021, per Www.lee-Associates.com.
Is the San Francisco North Bay retail market tightening or softening?
Vacancy is around 5.4% (Q3 2021).

Unified Estimate

Medium Confidence

$23.87/SF – $32.29/SF

Mid: $28.08/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

Explore this market

Similar Retail Business for Sale in Napa, CA