Oakland Retail Business and
2969 MacArthur Blvd Oakland, CA 94602
2969 MacArthur Blvd, Oakland, CA, 94602
$1,500,000
For Sale
$1,500,000
Equipment rental business and property for sale in Oakland, CA.
Property Size2,880 SF
Price / SF$520.83
Days on Market189
Property Features for 2969 MacArthur Blvd
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing Agency
REALTY ONE GROUP INFINITY
(408) 377-2700
Listed by
ALBERT DALRYMPLE · License #01147023
Source
Corcoran
Added: Jan 12 Checked: Jul 20 at 4:15 am
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 REALTY ONE GROUP INFINITY
Investment Insights
Based on property information with market context.
This property presents a business and property opportunity in Oakland, California. It has been operating as Oakland Rentals, providing rental equipment to Alameda County for over 32 years. The business is a full-service equipment rental yard catering to homeowners, contractors, landscapers, independent contractors, and building firms. The business opportunity, including equipment assets, is offered at $1,500,000, and the land and building are offered at $1,500,000. Both the business and land are offered together for $3,000,000. The property size is 2,880 square feet.
Key Highlights
- Established Business: Over 32 years of operation in Alameda County.
- Turnkey Opportunity: Includes both the business and the property.
- Full‑Service Rental Yard: Caters to diverse customer base.
Local 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 | $84.3k | $29.28 |
| − Vacancy | −$4.6k | −$1.58 |
| EGI | $79.8k | $27.70 |
| − OpEx | −$23.9k | −$8.31 |
| NOI | $55.8k | $19.39 |
2,880 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$797.7K
$698.0K – $930.7K
NOI $55,841 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$942.9K
$825.0K – $1.10M
NOI $66,003 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Oakland Rentals
(Bike/Boat/Book/etc) Store
Berkeley Equipment Rentals
(Bike/Boat/Book/etc) Store
Amazon Hub Counter ...
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Equipment rental business and property for sale in Oakland, CA.
Where is this retail space located?
The property is located at 2969 MacArthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Established Business: Over 32 years of operation in Alameda County.; Turnkey Opportunity: Includes both the business and the property.; Full‑Service Rental Yard: Caters to diverse customer base.
