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5239 College Ave 2,883 SF 100% Leased Retail Building Oakland, CA 94618 $2,319,497 CAD ($804.54 CAD/SF) 5.57% Cap Rate
Investment Highlights
- High Traffic Count location in Oakland Upscale Rockridge Neighborhood
- Signalized crosswalk in front of the building
- Great Walk Score
- Established Businesses
- Bus Stop in front of building
Executive Summary
Four unit retail building in Oakland's popular Rockridge District. New multi year leases on 3 of 4 units. Located at the corner of a busy signalized intersection with cross walk and bus stop. Upcoming large multi family development will further increase the property value. NNN tenants on separate meters or RUBS style metering system. Private enclosed rear yard for the tenant use or to expand at a later date. Property Reports available.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,883 SF
Building Class
C
Year Built/Renovated
1960/2000
Price
$2,319,497 CAD
Price Per SF
$804.54 CAD
Cap Rate
5.57%
NOI
$129,308 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.10 AC
Zoning
C-1 - Commercial
Amenities
- 24 Hour Access
- Atrium
- Courtyard
- Fenced Lot
- Security System
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | 014-1240-005-00 | Improvements Assessment | $39,564 CAD |
| Land Assessment | $108,297 CAD | Total Assessment | $147,861 CAD |
Property Taxes
Parcel Number
014-1240-005-00
Land Assessment
$108,297 CAD
Improvements Assessment
$39,564 CAD
Total Assessment
$147,861 CAD
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5239 College Ave
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