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1823 Solano Ave 3,070 SF 100% Leased Retail Building Berkeley, CA 94707 $4,166,850 CAD ($1,357.28 CAD/SF) 5.46% Cap Rate
EXECUTIVE SUMMARY
Triple net leased two tenant retail building (both with cafe/restaurant infrastructure) on Solano Avenue. One long term
leased space to Peet's coffee, and one short term lease to Oh G Burger. Generational asset in an extremely high trafficcorridor.
PROPERTY HIGHLIGHTS
High Profile Location
Generational Asset with Two Food Users
A mix of Strong National Tenancy and local eateries
Outdoor storage/trash area
HVAC
leased space to Peet's coffee, and one short term lease to Oh G Burger. Generational asset in an extremely high trafficcorridor.
PROPERTY HIGHLIGHTS
High Profile Location
Generational Asset with Two Food Users
A mix of Strong National Tenancy and local eateries
Outdoor storage/trash area
HVAC
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
3,070 SF
Building Class
C
Year Built
1926
Price
$4,166,850 CAD
Price Per SF
$1,357.28 CAD
Cap Rate
5.46%
NOI
$227,699 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.73
Lot Size
0.10 AC
Zoning
C-1A, Berkeley
Frontage
32’ on Solano Ave
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 061-2602-049-00 | Improvements Assessment | $3,330,091 CAD |
| Land Assessment | $1,180,189 CAD | Total Assessment | $4,510,280 CAD |
PROPERTY TAXES
Parcel Number
061-2602-049-00
Land Assessment
$1,180,189 CAD
Improvements Assessment
$3,330,091 CAD
Total Assessment
$4,510,280 CAD
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1823 Solano Ave
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