715-723 Center St & 1452-1462 7th St
3,120 SF | 100% Leased | Retail Building | Oakland, CA 94607 | $3,850,000 ($1,234/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,850,000
- Property Type
-
Retail
- Square Feet
- 3,120 SF
- Price / Square Foot
- $1,234
Listing Contacts
John Machado
Verified Profile
Gregory Hunter
Verified Profile
- Property Info
Property Overview
The property offers an investor/developer the unique opportunity to purchase approximately 13,018 sq. ft. of land in a highly desirable Transit Oriented Development Zone in close proximity to the West Oakland Bay Area Rapid Transit Station in Oakland, CA. The site is partially improved with a 3,120 sf commercial structure which has three demised retail storefronts. The property is 85% occupied and existing leases are structured with CPI escalations, are triple net and have expiration dates between 2024 and 2026 with no option to extend.
Property Details
- Class
- C
- Year Built
- 1980
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 13,068 SF
Highlights
- The site is partially improved with a 3,120 sf commercial structure which has three demised retail storefronts.
- The property is 85% occupied and existing leases are structured with CPI escalations, are triple net and have expiration dates between 2024 and 2026
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