Multi-Tenant Retail
For Sale
Contact for pricing
2104 Broadway, Oakland, CA 94612
Multi-tenant retail property with 100% occupancy under multi-tenant gross leases and a mezzanine level.
Property Size8,550 SF
Price / SF$409.36
Days on Market30
Property Features for 2104 Broadway
General Information
Standard status
Active
Size
8,550 SF
Property subtype
RETAIL
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Chromata Retail
(510) 334-8606
Listed By:
Jamie Flaherty-Evans · License #01432663
(510) 334-8606
Source:
Moodyscre
Added: Jul 4
Changed: Jul 29
Last Checked: Aug 2 at 11:57AM
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 Chromata Retail
Investment Insights
Based on property information with market context.
This multi-tenant retail storefront property offers approximately 8,550 square feet of rentable space, including 5,623 square feet on the ground floor and 2,927 square feet on a mezzanine level. The building is currently 100% leased with three tenants in place. Lease terms are structured as multi-tenant gross leases, with a weighted average lease term of 6.18 years.
The property is located at 2104 Broadway in Oakland, California. Scheduled rent for 2026 is $320,818, with annual rent increases tied to CPI adjustments.
As a fully occupied, income-producing retail asset with stacked ground and mezzanine space, the offering provides a straightforward leased configuration for buyers seeking current tenancy and in-place lease structure.
The property is located at 2104 Broadway in Oakland, California. Scheduled rent for 2026 is $320,818, with annual rent increases tied to CPI adjustments.
As a fully occupied, income-producing retail asset with stacked ground and mezzanine space, the offering provides a straightforward leased configuration for buyers seeking current tenancy and in-place lease structure.
Key Highlights
- ±8,550 SF rentable area with 5,623 SF ground floor and 2,927 SF mezzanine
- 100% leased with three tenants
- Multi‑tenant gross lease structure
Financial Insights For Retail
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 | $250.3k | $29.28 |
| − Vacancy | −$13.5k | −$1.58 |
| EGI | $236.8k | $27.70 |
| − OpEx | −$71.0k | −$8.31 |
| NOI | $165.8k | $19.39 |
8,550 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.37M
$2.07M – $2.76M
NOI $165,778 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.80M
$2.45M – $3.27M
NOI $195,947 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,801
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 35%
Dining 16%
Hotels & Casinos 4%
Whole Foods Market
Groceries
62,016 visits/mo
0.5 miles
Chevron
Shops & Services
14,597 visits/mo
0.4 miles
Starbucks
Dining
11,688 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,619 visits/mo
0.4 miles
Twin Peaks
Dining
5,983 visits/mo
0.4 miles
Demographics for 94612, CA
19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail property with 100% occupancy under multi-tenant gross leases and a mezzanine level.
Where is this retail space located?
The property is located at 2104 Broadway Oakland, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: ±8,550 SF rentable area with 5,623 SF ground floor and 2,927 SF mezzanine; 100% leased with three tenants; Multi‑tenant gross lease structure
