Excellent Investment or Owner/User Opportunity in the Heart of the CBD - Great As-Is Cap Rate with Exceptional Upside.
California Capital & Investment Group is pleased to present this incredible opportunity to acquire a 4 story office building with
large usable basement located just steps away from City Hall in the Heart of Oakland’s Central Business District. The property is
approximately 65% leased to long term tenants and presents a buyer with a great cash flow opportunity on existing income in
addition to great upside potential. This is also a great opportunity for an Owner/User that wants to utilize the vacant space for
its business while collecting great income from the existing tenants.
- As-is Cap Rate: 7%
- Current Vacancy: 35%
- +/- 7,000 SF immediately available for an owner/user.