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1514-1516 University Ave 3,130 SF 100% Leased Retail Building Berkeley, CA 94703 $1,924,410 CAD ($614.83 CAD/SF)
Investment Highlights
- Located on University Avenue with 70 feet of street frontage.
- Surrounded by established dining, retail, and service businesses.
- Easy access to Downtown Berkeley and UC Berkeley campus.
- Multiple storefront configurations supports diverse tenant mix.
Executive Summary
This retail property provides excellent exposure to University Avenue’s active commercial environment. The building offers a single-story layout with multiple storefronts, accommodating a range of retail uses. Tenants benefit from convenient access to BART stations, major bus lines, and nearby freeways. The surrounding area includes a mix of restaurants, shops, and services, creating a vibrant business ecosystem. Ample street frontage ensures strong branding opportunities for occupants. The property’s location near Downtown Berkeley and UC Berkeley drives consistent customer traffic. This site is well-suited for businesses seeking visibility and connectivity in a dynamic urban setting.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Rack Attack started as a single store back in 1996, and they have grown into North America's premier retailer of vehicle rack solutions. With locations across North America to ship from, their online customers experience shipping to their door in less time, for no cost (most of the time). If you live close to one of their store locations, they install everything they sell. Many in-store customers choose one of their 'factory style' rack installations. They have over one million happy customers, and you can count on them to ensure you are the next. As of 2017 Banyan Capital Partners and Rack Attack management have purchased the company from the original founder.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-2003-020-01 | Improvements Assessment | $369,188 CAD |
| Land Assessment | $875,750 CAD | Total Assessment | $1,244,938 CAD |
Property Taxes
Presented by
1514-1516 University Ave
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