Grocery and Convenience
3105 San Pablo Avenue Oakland, CA 94608
For Sale
Contact for pricing
For-sale grocery and convenience retail asset adjacent to a 73-unit senior housing project.
Property Size13,185 SF
Price / SF$386.80
Days on Market65
Property Features for 3105 San Pablo Avenue
General Information
- Standard status
- Active
- Size
- 13,185 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing Agency:
Colliers - San Francisco - Pleasanton, California
Listed By:
Sandra Weck · License #CA 00861536
Source:
Crexi
Added: May 20
Changed: Jul 23
Last Checked: Jul 23 at 6:13PM
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 Colliers - San Francisco - Pleasanton, California
Investment Insights
Based on property information with market context.
This for-sale grocery and convenience store retail asset is positioned within a neighborhood described as undergoing rapid revitalization, with improved perception of West Oakland. The property is next door to a 73-unit senior housing project, and the surrounding area includes new multifamily housing and infrastructure upgrades.
The public remarks also note that the area has transitioned from being underserved to becoming a focal point for developer and investor activity. Additionally, the remarks cite 1.5% net absorption growth over the past 12 months, identified as one of the highest in the East Bay.
No further building-specific details were provided in the available information.
The public remarks also note that the area has transitioned from being underserved to becoming a focal point for developer and investor activity. Additionally, the remarks cite 1.5% net absorption growth over the past 12 months, identified as one of the highest in the East Bay.
No further building-specific details were provided in the available information.
Key Highlights
- For‑sale grocery and convenience retail asset
- Built in 2019
- Adjacent to a 73‑unit senior housing project
Financial Insights For Specialty 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 | $411.4k | $31.20 |
| − Vacancy | −$20.6k | −$1.56 |
| EGI | $390.8k | $29.64 |
| − OpEx | −$97.7k | −$7.41 |
| NOI | $293.1k | $22.23 |
13,185 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.19M
$3.66M – $4.89M
NOI $293,103 @ 7.0% cap · market cap 5.75%
Second Best
Retail
$3.65M
$3.20M – $4.26M
NOI $255,647 @ 7.0% cap · market cap 5.01%
Theoretical Best
Multifamily LT 5
$4.32M
$3.78M – $5.04M
NOI $302,171 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Community Foods Market
Grocery & Convenience Store
Coin Cloud Bitcoin ...
Atm
Front Porch Cafe
Cafe & Coffee Shop
Amazon Hub Locker ...
Postal Service
LibertyX Bitcoin ATM
Atm
Similar Off Market Nearby
- Oasis Food Market — 3045 Telegraph Ave, Oakland, CA 94609
- Koreana Plaza — 2370 Telegraph Ave, Oakland, CA 94612
- KP Asian Market — 471-499 24th st, oakland, ca 94612
- SAN/NAS — 416 26th St, Oakland, CA 94612
- Target Grocery — 2650 Broadway, Oakland, CA 94612
FAQs
What type of property is this?
Grocery and convenience store - For-sale grocery and convenience retail asset adjacent to a 73-unit senior housing project.
Where is this grocery and convenience store located?
The property is located at 3105 San Pablo Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: For‑sale grocery and convenience retail asset; Built in 2019; Adjacent to a 73‑unit senior housing project
