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1800 Solano Ave
Berkeley, CA 94707 Northbrae

$4,258,000 USD

Bank For Sale  •  3,976 SF

Property Details

• Property Type Bank
• Total Building Size 3,976 SF
• Lot Size 0.27 AC
• Building Class B
• Year Built 1951
• Cap Rate 5.35 %
• Tenancy Single
• Zoning C-1A

46 Transit Score

89 Walk Score

Highlights

5+ years remaining on absolute net lease featuring 2% annual rental increases

Historic bank location – 45+ year operating history

Significant branch deposits – $433M

Zero landlord expense or maintenance obligations

Investment grade credit rating – S&P: A+

Extremely affluent Bay Area submarket – average household incomes of $ 234,000+ within a 1-mile radius of the subject property

Property Flyers

WellsFargo_BerkeleyCA

Cap Rate:

5.35 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	2.4 mi
	13 min	-	6.0 mi
Airport	Drive	Walk	Distance
Metro Oakland International	30 min	-	18.6 mi
San Francisco International	42 min	-	26.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes