4400 Keller Ave - Freestanding FOR SALE


Oakland, CA 94605- Southeast Oakland Hills
$5,388,888 USD
510-763-7016
4400 Keller Ave, Oakland, CA for Sale
$5,388,888 USD
Freestanding - FOR SALE
1/25
null | Request Cap Rate

4400 Keller Ave
Oakland, CA 94605
Southeast Oakland Hills


OVERVIEW

Multi-Tenant Retail/Office Strip Center available in a prominent Oakland Hills Location. 21,131 square feet of leasable space that is currently 90.3% leased. +/- 54 on-site parking spaces. Tenant mix consists of one restaurant, one convenience store, one church use, and a mix of professional services and medical uses (10 current tenants, one vacancy). Abundant on-site parking and property sits on 2.03 acres (Buyer to explore excess land use with City of Oakland). Only shopping center within a mile, serves over 2,000 households with an average household income over $100,000.00 (according to 2020 US Census). Property has a mix of long term leases, and month to month tenancy, providing stable income with room for upside. Oak-Knoll Development is located directly South of the property, which could bring 290 homes (first phase) in early 2026, with the full project slated to have 918 homes (per Oaklandside).

FOR SALE DETAILS

PRICE

$5,388,888 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

R-50, Oakland

APN/PARCEL ID

037A-3152-010-00

ASK ABOUT THIS PROPERTY

Brad BankerLCB AssociatesMore Info
510-763-7016

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Brad BankerLCB AssociatesMore Info
510-763-7016

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