Lee & Associates is pleased to exclusively present the sale of a newly constructed, single-tenant absolute NNN investment located at 1228 36th Avenue in Oakland, California. This pride-of-ownership asset features a 2026-built, three-story, 17,158-square-foot multifamily residential building mapped for 13 condominiums. The property is leased on a 7-year absolute triple-net basis to Oasis Living, a mission-driven operator specializing in supportive housing for individuals and families facing mental health challenges. The lease includes 3% annual rent escalations and a landlord termination option after year three, offering flexible future value strategies. Strategically positioned in Oakland’s vibrant Fruitvale neighborhood, the property benefits from an infill, transit-oriented location just two blocks from the Fruitvale BART station and within minutes of San Francisco and Silicon Valley employment hubs. Surrounded by a mix of affordable housing communities, public charter schools, and ongoing redevelopment projects, the site is in the heart of a gentrifying East Bay submarket. The building’s condominium mapping enhances long-term exit optionality rarely available in traditional NNN or multifamily investments, appealing to investors seeking both income stability and capital appreciation.