(Former Walgreens) | 3434 High St
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(Former Walgreens) 3434 High St
20,350 SF Retail Building Oakland, CA 94619 £2,567,532 (£126/SF)
Executive Summary
PROPERTY OVERVIEW
Offering Price. $3,250,000
Delivery. ‘As-Is’, Vacant
Property. ±2.29 AC
Building. ~21,477 SF (~19,640 SF – 1st floor) + DT
Signage. 2 large pylons + building
Yr Built / Renovated. ~’55; renovated in ‘97
Upgrades. 3 RTUs in ‘20; re-roof cert. ‘21
APNs. 032-2032-134-00 / 032-2032-133-00
Access. FI/FO on High & Redding Streets
Zoning. CN-3, Oakland - Permitted Uses
Deed Restriction. Pharmacy
LOCATION OVERVIEW
MacArthur Freeway (I-580). Property is adjacent to freeway on/off ramps. MacArthur Freeway has ±140,00 VPD.
Neighborhoods. Property is centrally located serving the Mills College, Allendale and Laurel neighborhoods
Mills College at Northeastern University. ±0.5 mile; 1,200 student, 135-acre campus
Residential Growth. MacArthur Studios, 197-unit mixed-use project to be constructed 1 block north.
SALE TERMS*
Offering Price. $3,250,000
Delivery. Vacant (FF&E – Not Included)
Terms. ’As-Is’, No Financing Contingency
Deed Restriction. Pharmacy
OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
Offering Price. $3,250,000
Delivery. ‘As-Is’, Vacant
Property. ±2.29 AC
Building. ~21,477 SF (~19,640 SF – 1st floor) + DT
Signage. 2 large pylons + building
Yr Built / Renovated. ~’55; renovated in ‘97
Upgrades. 3 RTUs in ‘20; re-roof cert. ‘21
APNs. 032-2032-134-00 / 032-2032-133-00
Access. FI/FO on High & Redding Streets
Zoning. CN-3, Oakland - Permitted Uses
Deed Restriction. Pharmacy
LOCATION OVERVIEW
MacArthur Freeway (I-580). Property is adjacent to freeway on/off ramps. MacArthur Freeway has ±140,00 VPD.
Neighborhoods. Property is centrally located serving the Mills College, Allendale and Laurel neighborhoods
Mills College at Northeastern University. ±0.5 mile; 1,200 student, 135-acre campus
Residential Growth. MacArthur Studios, 197-unit mixed-use project to be constructed 1 block north.
SALE TERMS*
Offering Price. $3,250,000
Delivery. Vacant (FF&E – Not Included)
Terms. ’As-Is’, No Financing Contingency
Deed Restriction. Pharmacy
OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
20,350 SF
Building Class
C
Year Built/Renovated
1955/1997
Price
£2,567,532
Price Per SF
£126
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.20
Land Acres
2.29 AC
Zoning
CN-3
Frontage
119 ft on High St
Amenities
- Freeway Visibility
- Pylon Sign
Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 032-2032-134-00 | Improvements Assessment | £851,429 |
| Land Assessment | £1,387,515 | Total Assessment | £2,238,944 |
PROPERTY TAXES
Parcel Number
032-2032-134-00
Land Assessment
£1,387,515
Improvements Assessment
£851,429
Total Assessment
£2,238,944
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Power Broker Mark Hollenbeck -
Retail Net Real Estate, LLC
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(Former Walgreens) | 3434 High St
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