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888 98th Ave Oakland, CA 94603
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Key Details
Sold Price $1,470,000
Property Type Commercial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 10,096 sqft
Price per Sqft $145
MLS Listing ID MR40769257
Sold Date 08/16/17
Originating Board East Bay Recip
Year Built 2010
Lot Size 0.264 Acres
Property Sub-Type Commercial Property
Property Description
100% FULLY LEASED WITH 8 TENANTS! Built in 2010, this rare newer construction features two stories and 10,096 sf. Fully-leased to eight unique retail tenants, this commercial center is a cash cow. Building includes an elevator and ADA compliant bathrooms. EIGHT PLUS RETAIL SPACES The property has eight unique tenant spaces (div. to 10 total). Cap rate at 6.1% is actual. All units fully leased. HIGH VISIBILITY The high traffic location offers unbeatable visibility as it straddles the corner of 98th Ave and San Leandro St, across from a Bus station and the BART line, where its commanding height provides unparalleled advertising potential. The strip center is centrally located within minutes from the Coliseum, Oakland Airport and I-880 and I-580 freeways.
Location
State CA
County Alameda
Zoning CIX2
Exterior
Exterior Feature Stucco
Parking Features Common Parking Area, Street
Garage Spaces 12.0
Roof Type Composition
Building
Story Two Story
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Bought with Frederick Kuo • AMBE