510-903-7619
401 Alice St, Oakland, CA for Sale
R&D - FOR SALE
1/15
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401 Alice St
Oakland, CA 94607
Jack London Square


HIGHLIGHTS

  • Prime Location: Situated in the heart of Jack London Square, one of Oakland’s most vibrant mixed-use districts
  • Recent Renovations: Extensively renovated with significant tenant improvements completed post-2018 acquisition

OVERVIEW

Lee & Associates, acting as the exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 401 Alice Street, Oakland, CA (“the Property”), a historic mixed-use building (zoned C-45/S-4) located in the heart of Jack London Square. The ±13,895 square foot property was acquired in 2018 and subsequently underwent extensive tenant improvements and renovations prior to being leased to two tenants. Currently, the building is 77% leased, with one available suite totaling approximately 3,254 square feet, offering a buyer the flexibility to either occupy the space or lease it to achieve full occupancy. Overall, this offering represents a rare opportunity to acquire a triple-net (NNN) leased investment with upside potential through lease-up and future development possibilities.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Leased Investment

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,939

ZONING

C-45

APN/PARCEL ID

001-0153-007-00

ASK ABOUT THIS PROPERTY

Zack BarnesLee & AssociatesMore Info
510-903-7619

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Zack BarnesLee & AssociatesMore Info
510-903-7619

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