301 E 18th St - Freestanding FOR SALE


Oakland, CA 94606- East Lake | 
$6,073,000 USD
480-221-4221
301 E 18th St, Oakland, CA for Sale
$6,073,000 USD
Freestanding - FOR SALE
1/9
null | 5.75% Cap Rate

301 E 18th St
Oakland, CA 94606
East Lake


HIGHLIGHTS

  • New 10-Year Lease | Corporate Guaranty (NASDAQ: GO)
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Excellent Access and Visibility at 24,700 VPD Intersection | Near Lake Merritt BART Station | Transit-Oriented Development
  • Strong Demographics In 5-Mile Trade Area | San Francisco MSA

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding, corporate guaranteed (NASDAQ: GO) Grocery Outlet investment property located in Oakland, California (San Francisco MSA). The tenant, Grocery Outlet Inc., recently signed a new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Grocery Outlet is a high-growth, value retailer operating more than 540 independently operated stores across 16 states, including its corporate headquarters in Emeryville, California, less than five miles from the subject property. The subject property is expected to open on 10/15/2026.

FOR SALE DETAILS

PRICE

$6,073,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grocery Outlet | (NASDAQ: GO)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

CN-2

APN/PARCEL ID

021-0223-013-01

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.