$ 1,250,000
3301 San Pablo AVE Oakland, CA 9460
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Listed by Louis Cornejo Urban Group Real Estate
$ 1,250,000
Est. payment | /mo
3,078 SqFt
$ 1,250,000
Est. payment | /mo
3,078 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $406
MLS Listing ID 424075169
HOA Y/N No
Year Built 1925
Lot Size 6,899 Sqft
Acres 0.1584
Property Description
Fully leased 3,078 square foot commercial building on a 6,898 square foot parcel. Triple Net Lease with 6.6% Cap Rate. Lease term through January 31, 2027, plus one (1) five (5) year option at Fair Market Value. This expansive property offers a distinctive commercial footprint, featuring an industrial-sized kitchen, large prep area, refrigeration, spacious storage areas, office space, two (2) restrooms, four (4) rollup doors and a substantial exterior loading and parking area. Conveniently located in a dynamic community known for its creative and entrepreneurial spirit, making it highly sought after. With its proximity to major freeways and the San Francisco Bay Bridge, it's an ideal choice for investors looking for excellent connectivity and accessibility. The tenant, Salt & Honey Catering has occupied the property since May 2020. Rent escalations 3% per annum. Very well-maintained property with great upside.
Location
State CA
County Alameda
Area Oakland Zip 94608
Interior
Fireplace No
Building
Lot Description See Remarks
New Construction No
Others
Tax ID 54702
