Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    720 High St Oakland, CA 94601

    Sponsored
    For Sale
    $6,700,000

    High-traffic gas station, C-store, & QSR

    Property size:
    2,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 2,380 square foot, absolute triple-net (NNN) leased property located at 720 High St, Oakland, CA 94601. The property, situated on a 0.82-acre lot at a highly trafficked Interstate 880 entrance, boasts a prominent pylon sign visible to over 220,000 vehicles daily. The tenant, Go! Petroleum, operates a 16-pump fueling station, drive-through car wash, convenience store, and El Senor Burrito fast-casual restaurant. The lease, with two personal guarantees, runs until March 9th, 2037, offering a remaining term of 12.3 years and includes a favorable 2.75% annual rent increase. The property generates a substantial net operating income (NOI) of $294,429, resulting in a compelling 4.39% cap rate. The asking price is $6,700,000, translating to $2,815.13 per square foot. This freeway-oriented location, near Home Depot and the Interstate 880 on-ramp, benefits from excellent visibility and high daily traffic counts. High Street provides direct access to Alameda, further enhancing the property's strategic position. The property's strong tenant history since 2017, combined with the long-term lease and attractive financial metrics, makes it an ideal addition to any diversified investment portfolio. The property's current 100% occupancy ensures a consistent and reliable income stream.

    Property Features for 720 High St

    General Information

    Property type
    Restaurants
    Square Feet
    2,380 SF

    HighLights

    • 2,380 SF Triple‑Net (NNN) leased property at 720 High St, Oakland, CA 94601.
    • Go! Petroleum operates a 16‑pump fueling station, car wash, convenience store, and restaurant; tenant occupied since 2017 with two personal guarantees.
    • Absolute NNN lease with 2.75% annual rent increases, expiring March 9th, 2037 (12.3 years remaining).
    • Prominent pylon sign visible to over 220,000 vehicles daily on I‑880.
    • Located near Home Depot and I‑880 on‑ramp, with High Street providing direct access to Alameda.
    Property Profile Location Intelligence

    Current Use by Public Records

    GO! Gas & Food ... Car Wash GO! Gas & Food Car Wash El señor Mexican Restaurant La Penca Azul ... Mexican Restaurant Go! Petroleum Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2195268
    Latitude
    37.7683804

    Nearby Similar for Sale

    • $850,000
      Pending

      Oakland Fourplex with Income Potential

      Fourplex in Oakland with value-add and income potential.
      1748 E 15Th St, Oakland, CA 94606
      View Details
    • $749,000
      1,565 SF

      Versatile Oakland Duplex with Potential

      Oakland duplex with rental income potential and room to grow.
      852 58Th St, Oakland, CA 94608
      View Details
    • $2,499,000
      12,270 SF

      Oakland Three-Story Concrete Building

      Unique three-story building in Oakland's KONO District for sale.
      2505 Telegraph Ave, Oakland, CA 94612
      View Details
    • $1,240,000
      3,032 SF

      Oakland Investment Property: Five Units

      Five-unit Oakland property with income potential and approved expansion permit.
      2138 19Th Ave, Oakland, CA 94606
      View Details
    • $1,150,000
      4,342 SF

      Oakland Multifamily Investment Opportunity

      Four-unit property with income potential in a growing Oakland location.
      856 21St St, Oakland, CA 94607
      View Details
    • $675,000
      3,384 SF

      Oakland Triplex with Income Potential

      Triplex in Oakland with long-term tenants and income potential.
      1927 82Nd Ave, Oakland, CA 94621
      View Details
    • $1,400,000
      4,905 SF

      Spacious Rebuilt Duplex in Oakland

      Oversized, modern duplex with income potential in vibrant West Oakland.
      1238 12Th St, Oakland, CA 94607
      View Details
    • $749,000
      2,226 SF

      Oakland Duplex with Development Potential

      Charming duplex in vibrant Oakland area with development potential.
      1706-1704 Center St, Oakland, CA 94607
      View Details
    • $979,950
      3,100 SF

      Oakland Victorian Home with Income

      Victorian home with income potential from ADU and basement.
      1725 96Th Ave, Oakland, CA 94603
      View Details
    • $775,000
      Pending

      Victorian Duplex in West Oakland

      Updated Victorian duplex in West Oakland with income potential.
      1444 14Th St, Oakland, CA 94607
      View Details
    • $949,888
      1,662 SF

      Remodeled Duplex in Prime Location

      Remodeled 2-bedroom, 1-bathroom duplex near 580 and Highland Hospital.
      3214 13Th Ave, Oakland, CA 94610
      View Details
    • $2,500,000
      14,016 SF

      Mixed-Use Building in Fruitvale District

      Income-producing mixed-use building with commercial, residential, and advertising income.
      3701 International Blvd, Oakland, CA 94601
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic gas station, C-store, & QSR
    Where is this restaurant located?
    The property is located at 720 High St Oakland, CA.
    What is the asking price?
    The asking price for this property is $6,700,000.
    What are key features of this property?
    This property features: 2,380 SF Triple-Net (NNN) leased property at 720 High St, Oakland, CA 94601.; Go! Petroleum operates a 16-pump fueling station, car wash, convenience store, and restaurant; tenant occupied since 2017 with two personal guarantees.; Absolute NNN lease with 2.75% annual rent increases, expiring March 9th, 2037 (12.3 years remaining).
    Request Owner's contact information
    720 High St Oakland, CA 94601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    720 High St
    Oakland, CA 94601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 High St Oakland, CA 94601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.