Oakland Retail Space For
990 W Grand Ave Oakland, CA 94607
990 W Grand Ave, Oakland, CA, 94607
Contact for pricing
For Sale
Contact for pricing
Retail space available for purchase in Oakland, California.
Property Size1,321 SF
Price / SF$226.34
Days on Market984
Property Features for 990 W Grand Ave
General Information
- Standard status
- Active
- Size
- 1,321 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing Agency
eXp Commercial
(415) 474-1750
Listed by
Brian Merrion · License #DRE #01940486
Source
Crexi
Added: Nov 8, 2023 Checked: Jul 16 at 10:08 am
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 eXp Commercial
Investment Insights
Based on property information with market context.
A 1,321 square-foot retail space is available for sale in Oakland, California.
Key Highlights
- Year Built: 2021 (New Construction)
Local Financial Insights For 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 | $38.7k | $29.28 |
| − Vacancy | −$2.1k | −$1.58 |
| EGI | $36.6k | $27.70 |
| − OpEx | −$11.0k | −$8.31 |
| NOI | $25.6k | $19.39 |
1,321 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$365.9K
$320.2K – $426.9K
NOI $25,613 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$432.5K
$378.4K – $504.6K
NOI $30,274 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for purchase in Oakland, California.
Where is this retail space located?
The property is located at 990 W Grand Ave Oakland, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Year Built: 2021 (New Construction)
