Three longstanding companies just lately moved out of a retail constructing on Previous First Road, following the resale of the property final yr.
Located at 2558 Previous First St., the three-tenant middle previously housed Tri-Valley Cobbler, J & R Sports activities Provide and Pierson’s Livermore Auto Stereo.
Upon turnover of the constructing possession, Tri-Valley Cobbler proprietor Danny Chappell was knowledgeable that he couldn’t renew his lease after it was set to finish July 31, he instructed Livermore Vine earlier this yr.
Possession of the constructing didn’t intend to resume leases for any of the tenants, metropolis officers confirmed on the time.
As of late-August, the constructing was empty of all lessees. The brand new constructing possession couldn’t be reached for remark.
“The brand new proprietor didn’t need something to do with the present long-standing tenants,” Chappell stated.
On Dec. 4, 2024, the Alameda County Assessor’s Workplace acknowledged the constructing’s change of possession. An organization known as 2558 Previous First Road Companions, LLC bought the positioning from Jali LLC, the workplace confirmed.
The three retail areas have been listed as accessible for lease beginning Aug. 1, 2025 on Showcase, a web site for industrial actual property rental and sale.
At a charge of $22 per sq. foot — or $20 per sq. foot if leasing the entire constructing — the worth was roughly double the quantity Chappell paid for Tri-Valley Cobbler.
Group members supplied Chappell various retail areas within the metropolis, however the rents have been nonetheless about double the speed he was accustomed to paying.
It’s not instantly clear whether or not Chappell has reopened his enterprise elsewhere.
Former neighbor J & R Sports activities Provide has relocated to a brand new website on Independence Drive in Livermore. Enterprise administration declined to touch upon the transfer.
Presently, the constructing on Previous First Road is accessible on LoopNet, a web site for industrial actual property leasing and gross sales.
Possession of Pierson’s Livermore Auto Stereo didn’t reply to Livermore Vine’s request for remark.
