4935 Shattuck Ave - Freestanding FOR SALE


Oakland, CA 94609- Temescal
$1,800,000 USD
510-499-1235
4935 Shattuck Ave, Oakland, CA for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/42
null | 6.37% Cap Rate

4935 Shattuck Ave
Oakland, CA 94609
Temescal


OVERVIEW

Fully-leased 5 unit retail investment opportunity located in Oakland's vibrant Temescal district. 4935 Shattuck Ave is anchored by the Michelin Guide-recommended restaurant Snail Bar. Remaining tenants include a cafe, an additional restaurant equipped with a full kitchen build-out, a hair salon and an African market. With an average of 4+ years remaining on the existing leases, investors will benefit from immediate stable cash flow and annual rent escalations that offer steady upside. Property currently generates $166,170/yr in gross scheduled income and is being offered at 6.37% cap rate. Contact brokers for more information.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

6.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,838 SF

ZONING

-

APN/PARCEL ID

014-1217-012-00

ASK ABOUT THIS PROPERTY

Thomas Garabedian-ConeRed Oak RealtyMore Info
510-499-1235

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Thomas Garabedian-ConeRed Oak RealtyMore Info
510-499-1235

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