Oakland Retail Business and
For Sale
Contact for pricing
2969 MacArthur, Oakland, CA 94602
Equipment rental business and property for sale in Oakland, CA.
Property Size2,880 SF
Price / SF$451.39
Days on Market228
Property Features for 2969 MacArthur
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Comm Ind For Sale
Building Details
Building Size
2,880 SF
Year Built
1973
Listing Agency:
Realty One Group Infinity
Listed By:
Albert Dalrymple, · License #01147023
(650) 714-6583
Source:
Redoakrealty
Added: Mar 5
Changed: Oct 11
Last Checked: Oct 16 at 6:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,841
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,116,820
$1.1M
Cap Rate 7%
$797,729
$797.7K
Cap Rate 9%
$620,456
$620.5K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$84.3K $29.28/SF
− Vacancy
−$4.6K −$1.58/SF
EGI
$79.8K $27.70/SF
− OpEx
−$23.9K −$8.31/SF
NOI
$55.8K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,116,820
Cap Rate 7%
$797,729
Cap Rate 9%
$620,456
Alternative Uses
Best Use
Retail
$797.7K
$698.0K – $930.7K
NOI $55,841 @ 7.0% cap · market cap 4.30%
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 5.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 31%
Apparel 16%
Electronics 6%
Taco Bell
Dining
13,737 visits/mo
0.4 miles
7-Eleven
Shops & Services
11,176 visits/mo
0.4 miles
Chevron
Shops & Services
9,768 visits/mo
0.5 miles
Goodwill
Apparel
6,834 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
2,493 visits/mo
0.5 miles
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
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
Frequently Asked Questions
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 Oakland, CA.
What is the asking price?
The asking price for this property is $1,300,000.
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.
