400 30th street - loopnet...center and has hvac and on-site parking. a brand new sprouts market,...
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400 30th StreetOakland, CA
FOR MORE INFORMATION PLEASE CONTACT:The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
OFFERING PACKAGEOAKLAND "PILL HILL" INVESTMENT OPPORTUNITYREDUCED PRICE $10,750,000 $9,350,000
± 25,912 RSF | ±39,012 Total SF
400 30TH STREET
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
FOR MORE INFORMATION PLEASE CONTACT:
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
PROPERTY SUMMARY
Address: 400 30th Street
Oakland, California 94609
County: Alameda
Assessor Parcel Number: 9-746-30
Year Built: Est: 1959-1963
Building RSF: ± 25,912 RSF
Garage Area: ± 13,100 SF
Total Building: ± 39,012 SF
Lot Size: ± 8,250 SF
Zoning: S-1
Gross Income: ± $885,362.04
Gross Expenses: ± $291,239.75
NOI: $ 594,122.29
Cap Rate: 6.4%
*All parties should independently verify all building/parking
square footages
PROPERTY DETAILS
OFFERING SUMMARY
California Capital & Investment Group is pleased to present this Oakland Office investment opportunity. Located in Pill Hill, the modern building is directly across from Summit Medical
Center and has HVAC and on-site parking. A brand new Sprouts Market, local cafes and eateries are within walking distance to the building. Located near 880 and 580, this property is
easily accessible from the freeway.
400 30TH STREET
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
FOR MORE INFORMATION PLEASE CONTACT:
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
PROPERTY SUMMARY
PROPERTY HIGHLIGHTS
• On-Site Gated 2 Level Parking Garage with ± 34 Parking Spaces
• HVAC System
• Ground Floor Café
• 96% Occupied
• Situated Directly Across from Alta Bates Summit Medical Center
• Centrally Located by Freeways 980 & 580
• Near AC Transit lines
• “Pill Hill” Submarket has very low vacancy and should continue to see
increasing leasing activity due to Tenant’s relocating from the overly
expensive downtown Oakland Submarket
• BART Shuttle Stop On Corner
ADDITIONAL INFORMATION
Cl ick l ink to v iew: F loor Plan (For General Purpose Only- Not 100% Accurate)
Assessor 's Map
Conf identia l i ty Agreement
Seismic Performance & Risk Analys is
As Bui l t DrawingsS-1 Zoning
Contiguous ABSMC Project S i te Info
400 30TH STREET
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
FOR MORE INFORMATION PLEASE CONTACT:
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
PROPERTY SUMMARY
400 30TH STREET
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
FOR MORE INFORMATION PLEASE CONTACT:
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
PROPERTY SUMMARY
400 30TH STREET
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own-ers and Prospective Buyers should conduct an independent investigation and verification of all matters deemed to be material, including but not limited to statements and analysis of income and expense and estimated loan information.
FOR MORE INFORMATION PLEASE CONTACT:
Gary BettencourtOffice: (510) 463-6366
[email protected] License#: 00880217
MIke McGuireOffice: (510) 463-6351
[email protected] #: 01790296
LOCATION OVERVIEW
In recent years, Oakland has become a popular landing spot for many companies to plant their roots in the Bay Area. Companies like Pandora, Ask.com, and Kaiser Permanente, have
all found homes in one of the countries newest premier real estate markets. Most recently two new Class A towers totaling over 1.2 million square feet of rentable office have begun
construction in downtown.
While national tenants continue to flock to the East Bay, many local establishments have also flourished. The Oakland Fox Theater reopened as a concert venue in December 2009, anchoring
the Uptown District. Surrounding this historical location are the ever-growing list of bars and dining options, including mainstays such as Flora's, Rudy's Cant Fail Cafe, and Cafe Van Kleef. The
Oakland Fox Theater hosts a variety of shows and concerts ranging from B.B. King to Green Day, while also housing one of the East Bay's best charter schools, Oakland School for the Arts.
LOCATION SUMMARY
LOCATION HIGHLIGHTS
• Located in the Heart of the Pill HIll District
• Walker's Paradise: Walk Score of 92
• Biker's Paradise: Bike Score of 92
• Ample Foot & Vehicle Traffic
• Adjacent to, “The Harriet on 29th," a Branagh Mixed-Use Development
Project Currently Under Construction, Consisting of 83 Apartment Units &
1500 SF of Retail Space
• Walking Distance to Brand New ± 39,000 SF Sprouts Market & Contiguous
432 Residential Development by Developer CityView & its Financial Partner
The Blackstone Group at 3073 Broadway (Broadway Valdez Plan)
400 30TH STREET LOCATION OVERVIEW
DOWNTOWN OAKLAND
Transportation
Development
Amenities
1. Broadway & 30th: Bus Stop2. Telegraph & 29th: Bus Stop
4.5.
6.7.8.
The Echo - 3300 BroadwayBlackstone Group & City View Housing Project - 3093 BroadwayWest Elm Hotel - 2401 BroadwayNew Sprouts ComplexNew Summit Medical Wing
9.10.11.12.
Black Spring Coffee CompanyCoffee RomaSproutsChipotle
3. Ford GoBike
13. La Catrina14. Z Cafe & Bar15. Gogi Time16. Hella Vegan Eats17. Commonwealth Cafe & Public House18. Louisiana Fish & Chips19. Da Sung Sa20. MUA21. The Lumpia Company22.23.24.
CattownLulaJudoku Sushi
4
22
11
3
2
7
6
58
10
11
21
20
1817
13
1514
16
12
3
3
9
23
19
24