Two-Level Retail
For Sale
Contact for pricing
368 12Th St, Oakland, CA 94607
Two separate units occupy upper and lower floors in Downtown Oakland.
Property Size7,744 SF
Price / SF$0.50
Days on Market136
Property Features for 368 12Th St
General Information
Standard status
Active
Size
7,744 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
West Oakland
Public Transit
Yes
Additional Details
Office Units
2
Building Details
Year Built
1997
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Jun 16
Changed: Oct 28
Last Checked: Oct 28 at 2:34PM
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 JPN Realty
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Investment Insights
Based on property information with market context.
The 7,744-square-foot retail property contains two separate units, one upstairs and one downstairs. Built in 1997, the building is located at 368–370 12th Street in Downtown Oakland.
BART, public transportation, and nearby parking are accessible from the property. Restaurants, offices, residential buildings, and major East Bay corridors are also identified in the surrounding context. Potential commercial uses include retail, office, professional services, showroom, and service-based businesses, subject to city approval and lease terms.
BART, public transportation, and nearby parking are accessible from the property. Restaurants, offices, residential buildings, and major East Bay corridors are also identified in the surrounding context. Potential commercial uses include retail, office, professional services, showroom, and service-based businesses, subject to city approval and lease terms.
Key Highlights
- 7,744 square feet of retail space
- Two separate units: one upstairs and one downstairs
- Built in 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,150
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,003,000
$3.0M
Cap Rate 7%
$2,145,000
$2.1M
Cap Rate 9%
$1,668,333
$1.7M
Market Conditions
NOI Build-Up for 7,744 SF
Gross rent
$226.7K $29.28/SF
− Vacancy
−$12.2K −$1.58/SF
EGI
$214.5K $27.70/SF
− OpEx
−$64.4K −$8.31/SF
NOI
$150.2K $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%
$3,003,000
Cap Rate 7%
$2,145,000
Cap Rate 9%
$1,668,333
Alternative Uses
Best Use
Retail
$2.15M
$1.88M – $2.50M
NOI $150,150 @ 7.0% cap · market cap 3,850.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.54M
$2.22M – $2.96M
NOI $177,475 @ 7.0% cap · market cap 4,550.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
9,729
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 40%
Hotels & Casinos 2%
Chevron
Shops & Services
14,597 visits/mo
0.4 miles
McDonald's
Dining
13,504 visits/mo
0.4 miles
Chase Bank
Shops & Services
5,019 visits/mo
0.5 miles
Union Bank
Shops & Services
2,883 visits/mo
0.4 miles
Mountain Mike's Pizza
Dining
2,457 visits/mo
0.4 miles
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
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 - Two separate units occupy upper and lower floors in Downtown Oakland.
Where is this retail space located?
The property is located at 368 12Th St Oakland, CA.
What are key features of this property?
This property features: 7,744 square feet of retail space; Two separate units: one upstairs and one downstairs; Built in 1997
