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2420 - 2424 Clement Avenue, Alameda, CA

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2420 - 2424 Clement Avenue

Alameda, CA 94501-1521 - Alameda Submarket


Property Type:Industrial Sub Type:Warehouse Status:Existing Year Built:1974
Building Size:21,073 SF Land Area:.78 AC (33,999 SF)
Ceiling Height:20'0'' Loading Docks:No Rail:- Power:-
For Sale Price:$3,900,000 Price/SF:$185.07
Cap Rate:1.00 %
Zoning:- Sprinklers:- Drive Ins:No Cranes:-
Parking:Free Surface spaces are available; Ratio of 2/1,000 SF



Sale Notes:
Former Toyota service facility. Includes offices and warehouses and small lot. Off-street parking in front and back. There are 3 lots assembled with 3 addresses:

2424 Clement Avenue
2420 Clement Avenue
2419 Eagle Avenue

There is a tenant in place that has 5 years remaining on their lease which expires April 30, 2021. Tenant currently pays $7,500/month through April 30, 2018. The rent goes up to $8,000/month commencing May 1, 2018 through the end of the lease. The tenant pays for all utilities and liability insurance. Landlord pays for all property taxes and fire insurance.

Do not bother Tenant. Please contact Broker for any tours.

DRONE VIDEO LINK: https://youtu.be/y1RwdMj7dmc

CITY OVERVIEW ALAMEDA, CALIFORNIA
The City of Alameda is made up of four islands and is located directly in the San Francisco Bay adjacent to the City of Oakland and directly across the Bay from San Francisco. Alameda is considered the geographic center of the SF Bay Area. It is only 12 miles west to downtown San Francisco, 38 miles south to San Jose, and 85 miles east to Sacramento. Alameda has two ferry systems, AC Transit and BART Shuttle Services. The Oakland International Airport and Small Plane North Field are located adjacent to Alameda. Alameda has a population of approximately 75,000 people within 23 square miles and there are approximately 30,000 households. The City is known for its expansive and beautiful Victorian homes, marinas, shoreline parks, bicycle paths, great schools and a safe living environment with a small hometown feel.


Berkshire Hathaway Drysdale Properties
Richard Krinks
(510) 814-4802




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