3996 San Pablo Ave, Emeryville, CA 94608 | MLS 41032677 | Listing Information | Steven Wang | Baynet Websites Skip to main content
Steven Wang
925-583-3086
SOLD
$1,150,000
Date 10/24/2023

3996 San Pablo Ave
Emeryville, CA 94608

Industrial
Commercial
2,789
Sq. Ft.
0.08
Acre Lot
Courtesy: Steven Wang - CA Golden Properties
Home> California> Emeryville> 94608
NNN Investment Opportunity with In-Place CAP rate of 6.6% Annual 3% Increase in Lease. Newer 3 Contiguous Ground Floor Retail Commercial Condo units located in Excellent Emeryville Retail District. Great Visibility from High Traffic Count San Pablo Ave/40th St over 135,000 daily. Retail space is ground floor facing San Pablo Ave. w/125 Residential condos above. 2942sf contiguous and can be individually sold/rented into 3 units retail storefront consisting of (Ste H )939sf, (Ste I)945sf, and(Ste J) 920sf or rented out jointly. There are 2 recently constructed ADA approved restrooms, 3 separate HVAC system. 91 customer parking spaces designated for the retail shops. Across the Street from East Bay Bridge Shopping Center with National Retailer Target, Pak N Save(Safeway), Home Depot, Nordstorm Rack. Near major tech hub(Pixar), along Emery Go-Round route, easy access to freeway on and off ramp. Ste H, I, and J. Flexible Located on one of the busiest retail/commercial street in the east bay. Currently leased to one single tenant who has been operating for the past 5 years and had just exercised an option to extend the lease for additional 5 years through Feb 2029. Currently Lease include an annual 3% increase per year for the next 5 years.
41032677
Commercial - Industrial, Other
2005
Alameda
0.08 Acres
Concrete
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Steven Wang - CA Golden Properties
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