Property profile

40 Harrison St Oakland, CA 94607

OFF-MARKET
Neighborhood centers
48,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the vibrant Jack London Square in Alameda County, a dynamic mixed-use community experiencing significant growth. The property, Channel House, is a multi-tenant strip center totaling 48,000 square feet, situated on a 1.75-acre lot. Currently, 1,845 square feet of retail space is available for lease. The building features an impressive 2,500 parking spaces for customer convenience. The property boasts a prime location with excellent visibility and accessibility, situated near Alice St. Jack London Square is a thriving hub, attracting over 400,000 visitors annually through over 68 signature events and 50 farmers' markets. The area is experiencing a surge in development, including a new 40,000 sq ft market hall (opened late 2020), a new mixed-use apartment building with 333 residential units and street-level retail (opened summer 2020), and two fully entitled projects near the waterfront: a 250-room hotel and another apartment building. The presence of office tenants, including the Oakland A's headquarters and Regus coworking space, brings over 850 daily office workers to the area, creating a substantial customer base. This location offers unparalleled access to a diverse and growing population, making it an ideal investment for businesses seeking high visibility and strong foot traffic within a thriving culinary and entertainment district. The eight-story building is part of a community that blends historic charm with modern amenities.

Property profile

Verified
Property type Neighborhood centers
Total area 48,000 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
  • Alternative Medicine Practice Medical Clinic
  • Apartment Building Apartment Complex

Location

40 Harrison St Oakland, CA 94607
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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