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2321 Filbert St
Oakland, CA 94607 West Oakland

$4,650,000 USD

Warehouse For Sale  •  12,260 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 12,278 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1929
  • Tenancy Single
  • Zoning CC-2 and RM-2
65 Transit Score
90 Walk Score

Highlights

Attractive Yield: 7.57% in-place year 1 cap rate with scheduled growth to 7.70% and a blended ~8.05% return over the remaining lease.
NNN Structure: Provides predictable passive income.
High Replacement Cost Build-Out: Extensive capital invested in infrastructure—difficult and costly to replicate.
Tenant Mission Criticality: The facility is indispensable to Always Fishing Inc.’s business, increasing long-term occupancy security.
Growth Market: Located in one of the Bay Area’s most dynamic, expanding urban centers.
1031 Exchange Ready: Strong yield, simple lease structure, and growth trajectory make this an ideal replacement property.

Amenities

  • Cooler
  • Floor Drains

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 5 min - 2.2 mi
Emeryville (California Zephyr - Amtrak, Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 6 min - 2.2 mi
Transit/SubwayDriveWalkDistance
19Th St Oakland Station (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Metro Oakland International 17 min - 10.5 mi
San Francisco International 33 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Daniel Hirth 310-300-2838 The Hirth Group of KW
Daniel Hirth 310-300-2838 The Hirth Group of KW