Property profile

1245 Broadway Oakland, CA 94612

OFF-MARKET
Retail properties & Spaces
485,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in Downtown Oakland's City Center at 555 12th Street, a Class A office tower boasting over 485,000 square feet of office space and over 20,000 square feet of highly visible ground floor retail. The property offers three available spaces ranging from 901 to 2,183 contiguous square feet, with a total of 4,590 square feet currently vacant. Unit 104, a 1,506 square foot former cafe and retail space, presents a corner location with the potential for sidewalk seating. Unit 110, a 2,183 square foot former office, is offered in turnkey condition. Finally, Unit 150, a 901 square foot corner space, is ideal for micro-retail or service businesses. This vibrant location is surrounded by new residential buildings, acclaimed restaurants and bars, and Swan's Marketplace, featuring several top-rated eateries. The property's strategic position adjacent to the Marriott Hotel and the Oakland Convention Center, and its proximity to Old Oakland, ensures high foot traffic and visibility. This is a rare opportunity to secure prime retail space in one of Oakland's most desirable and dynamic areas. Alameda County location. Multiple tenancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 485,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Subway Station

Location

1245 Broadway Oakland, CA 94612
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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