2101 San Pablo Ave - Restaurant FOR SALE


Berkeley, CA 94702- Southwest Berkeley
$3,238,000 USD
310-261-8428
2101 San Pablo Ave, Berkeley, CA for Sale
$3,238,000 USD
Restaurant - FOR SALE
1/18
null | 5.25% Cap Rate

2101 San Pablo Ave
Berkeley, CA 94702
Southwest Berkeley


HIGHLIGHTS

  • High-Demand Urban Infill Location with low historical transaction volume
  • Proximity to UC Berkeley (1.5 miles) and the waterfront (0.8 miles)
  • Absolute NNN Lease – No Landlord Responsibilities
  • High Eight-Figure Lease Guarantees – Ensuring Stability & Security
  • Two 10-Year Renewal Options – Extending long-term investment potential

OVERVIEW

DWG Capital Group is pleased to present this exclusive retail investment opportunity in Berkeley, CA. This Class-A single-tenant NNN property offers a secure, long-term investment with 12 years remaining on the original 15-year absolute NNN lease. Featuring a 5.25% cap rate, this prime 1031 exchange asset is situated in a high-demand retail corridor with low historical transactional volume and a strong tenant mix. Investment Summary Situated in the heart of Berkeley, CA, this Class-A single-tenant NNN retail investment represents an exceptional opportunity for 1031 exchange buyers and investors seeking long-term stability and growth. The property, located at 2101 San Pablo Ave, is leased to Lavender Bakery & Café, a well-established and expanding regional tenant, with 12 years remaining on its original 15-year absolute NNN lease. This turnkey investment benefits from zero landlord responsibilities, ensuring truly passive income. The high eight-figure lease guarantees provide exceptional security, making this a low-risk, high-reward asset. The lease features 2% annual escalations, ensuring long-term rent growth and income appreciation. The asset sits in a high-barrier-to-entry retail corridor with limited transactional volume and strong tenant demand. The dense urban infill location is home to a mix of national, regional, and boutique tenants, making it a proven and desirable market for investors. Originally built in 1927, the property underwent a full redevelopment in 2020, with additional upgrades in 2023, delivering superior Class-A retail space in absolute NNN condition. The Berkeley retail submarket maintains a low 4.8% vacancy rate, further supporting the strength of this investment. This offering presents a rare opportunity to acquire a high-credit, long-term net lease investment in a supply-constrained, high-growth market. Property Description & Market Information Property Overview • Address: 2101 San Pablo Ave, Berkeley, CA 94702 • Building Size: ±2,765 SF • Lot Size: ±0.06 AC • Zoning: C-1 • Year Built: 1927 (Fully Redeveloped in 2020 & Renovated Again in 2023) Financial Highlights • Price: $3,238,000 • Cap Rate: 5.25% • Net Operating Income (NOI): $169,994 • Rent Structure: $5.12 PSF ($14,166/month) • Escalations: 2% annually • Lease Term: 12 Years Remaining (Originally a 15-Year Absolute NNN Lease) Market & Location Strength Highlights • High-Demand Urban Infill Location with low historical transaction volume • Proximity to UC Berkeley (1.5 miles) and the waterfront (0.8 miles) • WalkScore: 97% | BikeScore: 99% – Extremely high pedestrian and cycling accessibility • Low 4.8% Retail Vacancy Rate – Demonstrating a strong, established market Lease Strength & Security Highlights • Absolute NNN Lease – No Landlord Responsibilities • High Eight-Figure Lease Guarantees – Ensuring Stability & Security • Two 10-Year Renewal Options – Extending long-term investment potential Closing & 1031 Exchange Readiness This high-credit, long-term net lease investment is an ideal fit for 1031 exchange buyers and private investors looking for stability, passive income, and strong tenant security in a prime Berkeley location. With recent reports available, this turnkey absolute NNN investment ensures a seamless transaction process.

FOR SALE DETAILS

PRICE

$3,238,000 USD

PRICE/SF

$964 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Class-A STNL QSR Retail | 12-Yr NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C-1

APN/PARCEL ID

056-1982-001-00

ASK ABOUT THIS PROPERTY

Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

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

Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

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