1936 University is a 3-story multi-tenant office building with ground floor retail and lower-level parking in Downtown Berkeley. The Property ideally has two-sides of frontage along both University Avenue and Addison Street and features a quaint, secured interior walking passage with two landscaped inner courtyards and secured lower-level parking containing +/-120 stalls. Situated in the heart of
Downtown Berkeley, the Property is surrounded by a myriad of hip local restaurants and retail and is just a short walk to the UC Berkeley campus and Downtown Berkeley BART station – providing premier immediate access to Bay Area-wide transit.
The Property is 79% leased, with 18 of its 22 office suites occupied by a diverse mix of tenants. The Building ideally meets the University of California’s very stringent seismic occupancy requirements, and is one of the select few Downtown Berkeley office assets to do so. The Promenade offers the investment and owner-user communities the opportunity to acquire a cash-flowing, well maintained and ready-to-occupy office, retail and parking building in an incredible Downtown Berkeley location proximate the University and Bay Area-wide transit.