990 W Grand Ave Oakland, CA 94607

This exceptional 1,321 square foot retail condo, located at 990 W Grand Ave in Oakland, California, presents a compelling investment opportunity. Built in 2021, this Class B shopping center unit is currently vacant, offering immediate potential for lease income or owner-occupancy. The property boasts a desirable corner location, providing excellent visibility and accessibility. The asking price is $320,000, translating to a price per square foot of $271.76. With a projected cap rate of 6.50%, this property offers strong potential for return on investment. The property is a commercial condo with a NNN lease type. The Alameda County Assessor's Parcel Number (APN) is 5-430-158. The building's modern construction and prime location in the vibrant Oakland market make it an attractive prospect for a variety of retail businesses. This is a rare opportunity to acquire a newly constructed, vacant retail space in a high-demand area. The property's 0-year remaining lease term provides complete flexibility for the new owner. Serious inquiries are encouraged to explore this promising investment. The zip code is 94607.