Grocery and Convenience
For Sale
Contact for pricing
3105 San Pablo Avenue, Oakland, CA 94608
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 Market158
Property Features for 3105 San Pablo Avenue
General Information
Standard status
Active
Size
13,185 SF
Total Parking Spaces
15
Property subtype
Retail
Zoning
C-40
Investment Type
Owner/User
Site & Location
Neighborhood
North Oakland
Building Details
Year Built
2019
Tenancy
Single
Listing Agency:
Colliers - San Francisco - Pleasanton, California
Listed By:
Sandra Weck · License #CA 00861536
Source:
Crexi
Added: May 20
Changed: Oct 15
Last Checked: Oct 23 at 5:09AM
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
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 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
Estimated NOI and Cap Rate
NOI / Yr
$293,103
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,862,060
$5.9M
Cap Rate 7%
$4,187,186
$4.2M
Cap Rate 9%
$3,256,700
$3.3M
Market Conditions
NOI Build-Up for 13,185 SF
Gross rent
$411.4K $31.20/SF
− Vacancy
−$20.6K −$1.56/SF
EGI
$390.8K $29.64/SF
− OpEx
−$97.7K −$7.41/SF
NOI
$293.1K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,862,060
Cap Rate 7%
$4,187,186
Cap Rate 9%
$3,256,700
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,052
Businesses Nearby
148k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 50%
Shops & Services 22%
Apparel 19%
Dining 9%
The Home Depot
Home Improvements & Furnishings
74,250 visits/mo
0.5 miles
Nordstrom Rack
Apparel
27,864 visits/mo
0.5 miles
Mobil
Shops & Services
8,288 visits/mo
0.5 miles
Starbucks
Dining
7,544 visits/mo
0.5 miles
AutoZone
Shops & Services
7,492 visits/mo
0.4 miles
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
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
Similar Off Market Nearby
- Koreana Plaza — 2370 Telegraph Ave, Oakland, CA 94612
- KP Asian Market — 471-499 24th st, oakland, ca 94612
- Target Grocery — 2650 Broadway, Oakland, CA 94612
- SAN/NAS — 416 26th St, Oakland, CA 94612
- Oasis Food Market — 3045 Telegraph Ave, Oakland, CA 94609
Frequently Asked Questions
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
