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1823 Solano Ave 3,070 SF 100% Leased Retail Building Berkeley, CA 94707 $3,510,152 CAD ($1,143.37 CAD/SF) 6.45% 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
$3,510,152 CAD
Price Per SF
$1,143.37 CAD
Cap Rate
6.45%
NOI
$226,456 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
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 061-2602-049-00 | Improvements Assessment | $3,286,551 CAD |
| Land Assessment | $1,164,759 CAD | Total Assessment | $4,451,310 CAD |
Property Taxes
Parcel Number
061-2602-049-00
Land Assessment
$1,164,759 CAD
Improvements Assessment
$3,286,551 CAD
Total Assessment
$4,451,310 CAD
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1823 Solano Ave
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