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NNN Leased Investment 401 Alice St 13,920 SF 77% Leased Flex Building Oakland, CA 94607 For Sale

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Investment Highlights

Prime Location: Situated in the heart of Jack London Square, one of Oakland’s most vibrant mixed-use districts

Recent Renovations: Extensively renovated with significant tenant improvements completed post-2018 acquisition

Executive Summary

Lee & Associates, acting as the exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 401 Alice Street, Oakland, CA (“the Property”), a historic mixed-use building (zoned C-45/S-4) located in the heart of Jack London Square. The ±13,895 square foot property was acquired in 2018 and subsequently underwent extensive tenant improvements and renovations prior to being leased to two tenants. Currently, the building is 77% leased, with one available suite totaling approximately 3,254 square feet, offering a buyer the flexibility to either occupy the space or lease it to achieve full occupancy. Overall, this offering represents a rare opportunity to acquire a triple-net (NNN) leased investment with upside potential through lease-up and future development possibilities.

401 Alice Street Flyer

Property Facts

Sale Type	Investment NNN	Rentable Building Area	13,920 SF
Sale Condition	1031 Exchange	No. Stories	1
Property Type	Flex	Year Built/Renovated	1920/2021
Property Subtype	Flex Research & Development	Parking Ratio	0.07/1,000 SF
Building Class	B	Clear Ceiling Height	18’
Lot Size	0.32 AC	No. Drive In / Grade-Level Doors	2
Zoning	C-45 - Extremely Flexible Zoning in the City of Oakland allowing a wide range of uses.

Sale Type	Investment NNN
Sale Condition	1031 Exchange
Property Type	Flex
Property Subtype	Flex Research & Development
Building Class	B
Lot Size	0.32 AC
Rentable Building Area	13,920 SF
No. Stories	1
Year Built/Renovated	1920/2021
Parking Ratio	0.07/1,000 SF
Clear Ceiling Height	18’
No. Drive In / Grade-Level Doors	2
Zoning	C-45 - Extremely Flexible Zoning in the City of Oakland allowing a wide range of uses.

24 Hour Access
Restaurant

Security System
Signage

Skylights
Waterfront

Storage Space
Air Conditioning

Water - City
Sewer - City

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Floor
3,254 SF
Retail
Full Build-Out
Now

401 Alice St, Oakland, CA for sale Building Photo- Image 1 of 3 — Building Photo

401 Alice St, Oakland, CA for sale Interior Photo- Image 2 of 3 — Interior Photo

401 Alice St, Oakland, CA for sale Floor Plan- Image 3 of 3 — Floor Plan

Modern exterior with original exposed brick & timber interior Open floor plan with 2 restrooms to code Located in Jack London Square District near marinas, ferry, and abundant creative spaces. Gentrification in process with new housing and commercial projects. Active area with abundant restaurants and cafes and community events. Adjacent Curo Pets Veterinary clinic, breweries and cafes.