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560 14th St
19,854 SF 35% Leased Office Building Oakland, CA 94612 £3,129,800 (£158/SF) 7% Net Initial Yield
Investment Highlights
- Flexible opportunity for an Investor or Owner/User to acquire a very well located office building
- Large usable basement
- Elevator & HVAC
- Excellent income with plenty of upside
- Long term leases on the upper two floors provide excellent long term income
- Steps away from City Hall, State and Federal offices
Executive Summary
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.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 4,019 SF
- Retail
- Full Build-Out
- Now
Be apart of the growing tech community in Oakland, aimed at diversity & social change. 560 14th Street is the perfect space for collaboration in the heart of City Center. This building has 2nd floor office space available for lease. Close to multistory public parking structures, basement storage is also available in this well maintained building.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,019 SF | Retail | Full Build-Out | Now |
| 2nd Floor | 1,927 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 4,019 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,927 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 1,927 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Be apart of the growing tech community in Oakland, aimed at diversity & social change. 560 14th Street is the perfect space for collaboration in the heart of City Center. This building has 2nd floor office space available for lease. Close to multistory public parking structures, basement storage is also available in this well maintained building.
PROPERTY TAXES
| Parcel Number | 003-0069-015-00 | Improvements Assessment | £1,037,488 |
| Land Assessment | £306,530 | Total Assessment | £1,357,008 |
PROPERTY TAXES
-
Michael McGuire -
Gary Bettencourt -
California Capital & Investment Group
Presented by
560 14th St
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