Property profile

70 Washington St Oakland, CA 94607

FOR LEASE
Retail properties & Spaces
Property ID
US09-5501604
54,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the vibrant Jack London Square, an emerging culinary and entertainment destination on Oakland's waterfront. The property, part of a 440,000 square foot mixed-use development, offers five available spaces within the 70 Washington building, ranging from 1,063 to 15,932 contiguous square feet. A total of 54,000 square feet is currently vacant, allowing for flexibility in space configuration to suit various retail concepts. The building features second-generation restaurant, bar, and entertainment spaces, ideal for businesses seeking established infrastructure. The location benefits from excellent accessibility, being steps from the Ferry and Amtrak, and minutes from the 12th Street BART station. Ample parking is available with over 2,500 spaces plus valet service. The surrounding area boasts a thriving culinary scene, with established restaurants such as Farmhouse Kitchen, Noka Ramen, Forge Pizza & Brewery, and Left Bank already present, alongside other popular venues like Timeless Coffee and Plank. Future openings include MIA and Kuidaore Sushi, further enhancing the area's appeal. This prime location offers unparalleled visibility and access to a diverse customer base within a dynamic and rapidly growing waterfront community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 54,000 SF
UPID US09-5501604

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
  • Law Firm
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation
  • Law Firm
  • Association Or Organization

Location

70 Washington St Oakland, CA 94607
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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