Single-Tenant NNN Retail
For Sale
$4,685,000
2427 International Blvd, Oakland, CA 94601
Corner commercial site with freeway access, signalized intersection exposure, and established surrounding residential density.
Property Size15,370 SF
Lot Size1.20 Acres
Price / SF$304.81
Days on Market48
Property Features for 2427 International Blvd
General Information
Standard status
Active
Size
15,370 SF
Lot size
1.20 Acres
Property subtype
Retail - Freestanding
Site & Location
Corner Location
Yes
Highway Access
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
15,370 SF
Year Built
1967
Year Renovated
2001
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
NAI Northern California
Listed By:
Joshua Ballesteros · License #02010271
(209) 518-9025
Source:
Commercialcafe
Added: Aug 21
Changed: Sep 22
Last Checked: Oct 5 at 3:40PM
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 NAI Northern California
Investment Insights
Based on property information with market context.
This single-tenant net-leased retail property includes a 15,370-square-foot building on a 1.20-acre corner parcel. The asset has operated as a Dollar Tree location for nearly 25 years and is occupied by a single corporate tenant under an NNN lease structure with zero landlord responsibilities. Built in 1967, the property is positioned for continued retail use and also offers potential for owner occupancy or subdivision and repositioning, as described in the property information.
The site fronts International Blvd in Oakland and benefits from freeway visibility and convenient freeway access. It sits within a dense residential area supported by complementary commercial uses and is located at a signalized intersection. The property is also within a Federal Opportunity Zone.
The site fronts International Blvd in Oakland and benefits from freeway visibility and convenient freeway access. It sits within a dense residential area supported by complementary commercial uses and is located at a signalized intersection. The property is also within a Federal Opportunity Zone.
Key Highlights
- 15,370 SF single‑tenant retail building
- 1.20 AC corner parcel on International Blvd
- Nearly 25 years of operating history at this location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$250,792
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,015,840
$5.0M
Cap Rate 7%
$3,582,743
$3.6M
Cap Rate 9%
$2,786,578
$2.8M
Market Conditions
NOI Build-Up for 15,370 SF
Gross rent
$387.3K $25.20/SF
− Vacancy
−$29.0K −$1.89/SF
EGI
$358.3K $23.31/SF
− OpEx
−$107.5K −$6.99/SF
NOI
$250.8K $16.32/SF
Area
ZIP 94601
Vacancy
7.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,015,840
Cap Rate 7%
$3,582,743
Cap Rate 9%
$2,786,578
Alternative Uses
Best Use
Retail
$3.58M
$3.13M – $4.18M
NOI $250,792 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.26M
$5.48M – $7.31M
NOI $438,548 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 42%
Apparel 7%
Groceries 4%
Dollar Tree
Shops & Services
33,300 visits/mo
0.1 miles
McDonald's
Dining
28,208 visits/mo
0.1 miles
Jack in the Box
Dining
18,396 visits/mo
0.1 miles
76
Shops & Services
14,162 visits/mo
0.2 miles
El Pollo Loco
Dining
12,576 visits/mo
0.2 miles
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Corner commercial site with freeway access, signalized intersection exposure, and established surrounding residential density.
Where is this nnn property located?
The property is located at 2427 International Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $4,685,000.
What are key features of this property?
This property features: 15,370 SF single‑tenant retail building; 1.20 AC corner parcel on International Blvd; Nearly 25 years of operating history at this location
