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1802 Telegraph Ave

Oakland, CA 94612

$5,500,000

Office For Sale  •  12,600 Sq Ft

Property Details

  • Property Type Office
  • Total Building Size 12,600 Sq Ft
  • Lot Size 0.1 ac
  • Building Class B
  • Year Built 1940
  • Cap Rate 4.78 %
  • Tenancy Multiple
  • Zoning CBDP, Oakland
86 Transit Score
98 Walk Score

Description

Investment opportunity in the center of Oakland's Uptown District
±12,600 square foot building | ±4,281 square foot parcel
Fully leased at current market rates with well-established tenants
Cap rate bumps to 5.8% July 2020
Located directly across from the front doors of The Fox Theater
Walk Score 98 | Transit Score 86 | Bike Score 92
Over 2,000 new residential units nearly completed within 2 blocks
Building Completely Renovated in 2010 with new facades
New 800 Amp 3 Phase Electrical Service
EBMUD sewer lateral upgrade completed
CBD-P Zoning
Price:	  $5,500,000.00

Property Flyers

Financial Summary

Cap Rate: 4.78 %

Major Tenants

Tenant SF Occupied Lease End Date
Chen Design Group 5,983 SF
Diving Dog Brewhouse 3,650 SF

Public Transportation

Commuter RailDriveWalkDistance
22nd Street Commuter Rail (Caltrain) 4 min 13 min 0.7 mi
Transit/SubwayDriveWalkDistance
19th St Oakland Station (Fremont - Richmond, Pittsburg/Bay Point - San Francisco International, Richmond - Millbrae) 1 min 1 min 0.1 mi
12th St Oakland City Center Station (Fremont - Richmond, Pittsburg/Bay Point - San Francisco International, Richmond - Millbrae) 2 min 6 min 0.3 mi
Lake Merritt Station (Dublin/Pleasanton - Millbrae, Fremont - Daly City, Fremont - Richmond) 6 min 18 min 1.0 mi
AirportDriveWalkDistance
Oakland International Airport 17 min - 9.5 mi
San Francisco International Airport 30 min - 23.3 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Ryan Dalton 510-763-7016 LCB Associates
Ryan Dalton 510-763-7016 LCB Associates