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Rare Large Owner/User Office Investment 401 Roland Way 38,902 SF Vacant Office Building Oakland, CA 94621 $4,800,000 ($123.39/SF)
INVESTMENT HIGHLIGHTS
- Rare large owner/user opportunity
- Approximately 120 parking spots (3 parking spaces per 1,000 SF)
- Two-Story Office Building - Elevator Served
EXECUTIVE SUMMARY
California Capital & Investment Group is pleased to present this rare owner/user and multi-tenant office investment opportunity located in the Oakland Airport Submarket. 401 Roland Way boasts approximately 21,179 SF of vacant space which allows an owner/user the unique opportunity to occupy a large portion of space and collect rental income from the remaining tenants. This asset also provides investors immediate revenue while also allowing for plenty of upside by increasing rents to fair market value over-time. Ample tenant parking and a quiet work environment next to the San Leandro Creek trail and near the Bay are added bonuses. Current ownership has recently invested significant capital into upgrading the HVAC system and repainting the property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,902 SF
Building Class
C
Year Built
1983
Price
$4,800,000
Price Per SF
$123.39
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,451 SF
Slab To Slab
10’
Building FAR
0.48
Lot Size
1.87 AC
Opportunity Zone
Yes
Zoning
Port - Port Zoning
Parking
120 Spaces (3.08 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 100
- 9,156 SF
- Office
- -
- Now
- 1st Fl-Ste 120
- 6,811 SF
- Office
- -
- Now
- 1st Fl-Ste 130
- 2,200 SF
- Office
- -
- Now
- 2nd Fl-Ste 215
- 1,703 SF
- Office
- Full Build-Out
- 30 Days
- 2nd Fl-Ste 220
- 2,775 SF
- Office
- Full Build-Out
- 30 Days
- 2nd Fl-Ste 260
- 1,309 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 9,156 SF | Office | - | Now |
| 1st Fl-Ste 120 | 6,811 SF | Office | - | Now |
| 1st Fl-Ste 130 | 2,200 SF | Office | - | Now |
| 2nd Fl-Ste 215 | 1,703 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 220 | 2,775 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 260 | 1,309 SF | Office | - | Now |
1st Fl-Ste 100
| Size |
| 9,156 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 6,811 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 130
| Size |
| 2,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 215
| Size |
| 1,703 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 220
| Size |
| 2,775 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 260
| Size |
| 1,309 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 042-4430-001-24 | Improvements Assessment | $2,555,280 |
| Land Assessment | $2,227,329 | Total Assessment | $4,782,609 |
PROPERTY TAXES
Parcel Number
042-4430-001-24
Land Assessment
$2,227,329
Improvements Assessment
$2,555,280
Total Assessment
$4,782,609
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Rare Large Owner/User Office Investment | 401 Roland Way
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