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4250 10Th St Oakland, CA 94601

Sponsored
For Sale
$1,200,000

12,070 SF, 4.86% Cap Rate, Excellent Location

Property size:
12,070 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use investment property, located at 4250 E 10th St and 4250 San Leandro St, Oakland, CA 94601, presents a compelling opportunity. The 12,070 square foot building sits on a 16,850 square foot lot and boasts a 4.86% cap rate with a pro-forma cap rate of 4.75%. Currently occupied by a furniture sales and showroom under a gross lease with a remaining term of approximately three years (Lease Commencement: May 7, 2022; Lease Expiration: November 6, 2027), the property offers a 100% occupancy rate and a strong net operating income (NOI) of $58,350. The lease includes annual rent bumps of 3%. The single-story building, constructed in 1948, features four loading docks, four dock-high doors, and ceiling heights ranging from 12 to 16 feet. The property is zoned CC-2, allowing for a variety of commercial uses. The land value is $7.71 per square foot. The asking price is $1,200,000, translating to a price per square foot of $99.42. Lease options are available, and the tenant may be willing to negotiate a lease termination. This sale is structured as a 1031 exchange. The property's prime location in Alameda County offers excellent access to major transportation routes and commercial areas. This is a rare opportunity to acquire a well-located, income-producing asset with significant upside potential.

Property Features for 4250 10Th St

General Information

Property type
Individual retail properties
Square Feet
12,070 SF

Building Details

Year Built
1948
Buildings
1
Stories
1

HighLights

  • $1,200,000 asking price for a 12,070 SF mixed‑use building in Oakland, CA.
  • 4.86% cap rate, 4.75% pro‑forma cap rate, with a $58,350 NOI.
  • 100% occupancy with a 3‑year remaining lease term (5.5‑year gross lease, expiring 11/06/2027).
  • Located on a 16,850 SF lot in a CC‑2 zone, featuring 4 loading docks and 12‑16' ceiling heights.
  • Suitable for a 1031 exchange.
Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.2143323
Latitude
37.7729273

FAQs

What type of property is this?
Individual retail property - 12,070 SF, 4.86% Cap Rate, Excellent Location
Where is this individual retail property located?
The property is located at 4250 10Th St Oakland, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a 12,070 SF mixed-use building in Oakland, CA.; 4.86% cap rate, 4.75% pro-forma cap rate, with a $58,350 NOI.; 100% occupancy with a 3-year remaining lease term (5.5-year gross lease, expiring 11/06/2027).
More about this property
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