Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

6008 College Ave 12,920 SF 100% Leased Retail Building Oakland, CA 94618 $6,366,791 CAD ($492.79 CAD/SF) 5% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Walk to shops and restaurants along College Avenue.
  • Corner parcel located between Claremont Avenue and Rockridge BART Station.
  • 2 blocks to Rockridge BART station.
  • Fully leased.

EXECUTIVE SUMMARY

6000 - 6012 College Avenue is a multi-family, mixed use investment property. The two-story building has 11 residential units (10 studios, 1- 1 BR) and 3 commercial spaces, 1 cafe space, and 1office space. The building sits on a corner parcel between Claremont Avenue and Rockridge BART Station. 6000 College Avenue is 3 blocks away from the Rockridge BART. The property is fully leased and totals ±12,920 sq. ft. on ±8,033 sq. ft. of land.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $529,492 $40.98
Other Income - -
Vacancy Loss - -
Effective Gross Income $529,492 $40.98
Taxes - -
Operating Expenses - -
Total Expenses $211,152 $16.34
Net Operating Income $318,340 $24.64

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $529,492
Annual Per SF $40.98
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $529,492
Annual Per SF $40.98
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $211,152
Annual Per SF $16.34
Net Operating Income (CAD)
Annual $318,340
Annual Per SF $24.64

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,920 SF
Building Class
C
Year Built
1923
Price
$6,366,791 CAD
Price Per SF
$492.79 CAD
Cap Rate
5%
NOI
$318,340 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.18 AC
Zoning
CN-1 - CN-1 Neighborhood Commercial. The intent of the CN-1 Zone is to maintain and enhance vibrant commercial districts with a wide range of retail.
Frontage
137’ on College Avenue

AMENITIES

  • Corner Lot
  • Restaurant

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Courtside Tennis & Pickleball - Rockridge
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Industrial Gross
  • Feb 2027
  • Inside Out Designs
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Oori Foods
  • Retailer
  • -
  • -
  • -
  • -
  • Planterday
  • Retailer
  • -
  • -
  • -
  • -
  • Transports
  • Retailer
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Courtside Tennis & Pickleball - Rockridge Arts, Entertainment, and Recreation - - Industrial Gross Feb 2027
Inside Out Designs Professional, Scientific, and Technical Services - - - -
Oori Foods Retailer - - - -
Planterday Retailer - - - -
Transports Retailer - - - -
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Jazzercise
Philz Coffee
Starbucks
Safeway
Bank of America
Fremont Bank
Trader Joe's
Barney's Gourmet Hamburgers
Whole Foods Market
9Round

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014-1267-013-00
Land Assessment
$544,018 CAD
Improvements Assessment
$1,293,022 CAD
Total Assessment
$1,837,040 CAD
  • Listing ID: 34787048

  • Date on Market: 2025-02-11

  • Last Updated:

  • Address: 6008 College Ave, Oakland, CA 94618

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}