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2236 Mariner Square Dr 16,240 SF 100% Leased Office Building Alameda, CA 94501 $10,272,825 CAD ($632.56 CAD/SF) 6.50% Cap Rate
Executive Summary
Multiple-Tenants: Most of the tenants have been on the property for the long term.
1.10 Acre of Land
Mixed Used: Office & Child-care center.
Child-Care business is being sold separately as well.
Room to expand the childcare business. CAP Rate: Over 6.5% at Current & Actual Rents - Lot of upside potential
The buildings can be expanded OR re-developed to mixed used / housing
Schedule a Tour Today – Call the listing agent for more details and a private showing
1.10 Acre of Land
Mixed Used: Office & Child-care center.
Child-Care business is being sold separately as well.
Room to expand the childcare business. CAP Rate: Over 6.5% at Current & Actual Rents - Lot of upside potential
The buildings can be expanded OR re-developed to mixed used / housing
Schedule a Tour Today – Call the listing agent for more details and a private showing
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
16,240 SF
Building Class
C
Year Built
1984
Price
$10,272,825 CAD
Price Per SF
$632.56 CAD
Cap Rate
6.50%
NOI
$667,734 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,120 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
1.10 AC
Zoning
M-2/PD, Alameda - Planned District
Parking
50 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 074-0906-004-05 | Improvements Assessment | $1,554,222 CAD |
| Land Assessment | $1,210,412 CAD | Total Assessment | $2,764,634 CAD |
Property Taxes
Parcel Number
074-0906-004-05
Land Assessment
$1,210,412 CAD
Improvements Assessment
$1,554,222 CAD
Total Assessment
$2,764,634 CAD
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2236 Mariner Square Dr
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