Temescal Portfolio: Mixed-Use
5000 Telegraph Avenue, Oakland, CA 94609
Mixed-use portfolio in vibrant Temescal neighborhood near MacArthur BART.
Property size:
31,000 SFPrice / SF:
$350/SF- Added:
- Apr 22, 2025
- Days on Market:
- 406
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 5000 Telegraph Avenue
General Information
- Standard status
- Active
- Size
- 31,000 SF
Building Details
- Year Built
- 1910
Listing agent STEVEN CARAVELLI
Listing office COLDWELL BANKER COMMERCIAL REALTY (415) 474-1750
Listing date Apr 22, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER COMMERCIAL REALTY
HighLights
- Strategically positioned near MacArthur BART station (largest in the system).
- Located along the main retail corridor connecting UC Berkeley and downtown Oakland, ensuring high foot traffic.
- Features a diverse mix of trendy shops, quality food, artists, studios, and apartments.
- Located in the vibrant Temescal neighborhood.
- Home to a famous weekly farmers market and street festivals.
- Adjacent to Whole Foods Market and Temescal Plaza.
Overview
The Temescal Portfolio comprises three properties: 5000-5010 Telegraph Avenue, 4926 Telegraph Avenue, and 470 49th Street. This diverse collection features trendy shops, quality food vendors, artists' studios, and apartments. The portfolio offers approximately 31,900 square feet of rentable space. Its strategic location near the MacArthur BART station, the largest in the BART system, and along the main retail corridor connecting the University of California, Berkeley campus, and downtown Oakland, ensures high foot traffic. The properties are situated in the most vibrant blocks along the Temescal/Telegraph area, near tenants such as Whole Foods Market and Temescal Plaza. This unique collection represents the vibrant Temescal neighborhood, showcasing local artists and hosting a weekly farmers market and street festivals that attract locals and visitors.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.25M | $40.20 |
| − Vacancy | −$56.1k | −$1.81 |
| EGI | $1.19M | $38.39 |
| − OpEx | −$535.6k | −$17.28 |
| NOI | $654.6k | $21.12 |
31,000 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$9.35M
$8.18M – $10.91M
NOI $654,567 @ 7.0% cap · market cap 6.02%
Second Best
Retail
$8.59M
$7.51M – $10.02M
NOI $601,066 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$10.15M
$8.88M – $11.84M
NOI $710,451 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Small Change Oyster ...
Restaurant
Similar Places Nearby
- The Ridge — 5100 Broadway, Oakland, CA 94611
- La Mancha Plaza — 4013 Telegraph Ave, Oakland, CA 94609
- Temescal Plaza — Oakland, CA 94609
- Coinstar Kiosk | Bitcoin ATM — Safeway, 5100 Broadway, Oakland, CA 94611
- California DMV Now Kiosk — 1982 Pleasant Valley Ave, Oakland, CA 94611
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.262
- Latitude
- 37.8364
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Mixed-use portfolio in vibrant Temescal neighborhood near MacArthur BART.
Where is this shopping center located?
The property is located at 5000 Telegraph Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $10,875,000.
What are key features of this property?
This property features: Strategically positioned near MacArthur BART station (largest in the system).; Located along the main retail corridor connecting UC Berkeley and downtown Oakland, ensuring high foot traffic.; Features a diverse mix of trendy shops, quality food, artists, studios, and apartments.
