4050-4054 MacArthur Blvd, Oakland, CA
Single-tenant, triple net leased Bank of America in Oakland, California.
- Added:
- Feb 26, 2020
- Days on Market:
- 2312
- Last Refresh:
- May 20 at 8:36 pm
Property Features for 4050-4054 MacArthur Blvd
General Information
- Standard status
- Active
- Size
- 8,360 SF
- Lot size
- 0.18 Acres
- Property subtype
- RETAIL
Listing office Pegasus Investments (310) 691-1350
Listing date Feb 26, 2020
Source Moodyscre
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 Pegasus Investments
HighLights
- Single‑tenant property leased to Bank of America.
- Absolute triple net (NNN) lease structure.
- Long‑term tenancy in place.
- Located in the rapidly growing Laurel District of Oakland, California.
- Attractive Fair Market Value (FMV) options.
- Situated in the booming City of Oakland, California.
Overview
Local 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 | $260.8k | $31.20 |
| − Vacancy | −$13.0k | −$1.56 |
| EGI | $247.8k | $29.64 |
| − OpEx | −$61.9k | −$7.41 |
| NOI | $185.8k | $22.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.197
- Latitude
- 37.7903
