2131 Broadway, Oakland, CA 94612
24,694 sq ft office building in Oakland's Uptown area.
- Added:
- Feb 7, 2025
- Days on Market:
- 515
- Last Refresh:
- Apr 5 at 8:27 pm
Property Features for 2131 Broadway
General Information
- Standard status
- Active
- Size
- 24,694 SF
- Lot size
- 0.28 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1926
Listing office PATRICK SHURR, BROKER (510) 336-4715
Listing date Feb 7, 2025
Source Exitrealty
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 PATRICK SHURR, BROKER
HighLights
- 24,694 sq. ft. office building in Oakland's Uptown area.
- Strong rental demand from a diverse tenant background.
- Recently seismically retrofitted.
- Built in 1926.
- Close proximity to amenities.
- Located on Broadway Avenue.
Overview
Local Financial Insights For Office B
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 | $580.8k | $23.52 |
| − Vacancy | −$139.4k | −$5.64 |
| EGI | $441.4k | $17.88 |
| − OpEx | −$110.4k | −$4.47 |
| NOI | $331.1k | $13.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.268
- Latitude
- 37.8108
