2340 Harrison St | Oakland, CA 94612
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- LoopNet Team
2340 Harrison St
Oakland, CA 94612
ROSE MARY JANE · Retail Property For Sale
Investment Highlights
- Prime Retail Location – Rose Mary Jane Cannabis dispensary is located in the heart of downtown Oakland and sits on the edge of Lake Merritt
- Near Major Junction – Lake Merritt is the epicenter of Oakland and is located at the corridor where the 24 and 580 meet.
- Strong Hedge Against Inflation – There are 3% annual rental increases making this investment a great hedge against inflation.
- Strong Demographics – With more than 1.2 million people in a 10-mile radius this property benefits from the surrounding population growth.
- Secure Asset – With 9 years left on the lease and 2 (5) year options this property offers long-term secure cash flow.
- Commitment to Location – The tenant has put in millions of dollars of tenant improvements showing a strong commitment to the site.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
7,123 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Number of Floors
2
Building FAR
0.78
Lot Size
0.21 AC
Zoning
D-BV-3
Parking
5 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 010-0768-002-04 | Improvements Assessment | £1,670,705 |
| Land Assessment | £1,778,395 | Total Assessment | £3,449,101 |
PROPERTY TAXES
Parcel Number
010-0768-002-04
Land Assessment
£1,778,395
Improvements Assessment
£1,670,705
Total Assessment
£3,449,101
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