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4038-4040 Piedmont Ave
Oakland, CA 94611
Piedmont Grocery | NNN Investment · Retail Property For Sale
Investment Highlights
- Street retail fully leased to established grocery tenant Piedmont Grocery, with long-term NNN lease
- CPI rental adjustments and 3% minimum annual rent increases
- Potential to be part of a larger, future redevelopment
- Strong store sales indicate that the tenant will likely remain for the long term
- Regionally known and respected operator and store
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,923 SF
Building Class
C
Year Built
1895
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.18 AC
Zoning
CN-1 - Neighborhood Commercial
Parking
30 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
About 4038-4040 PIEDMONT AVE , OAKLAND, CA 94611
Excellent street visibility along Piedmont Avenue. 25' frontage on Piedmont Avenue. In the heart of an established and highly-desirable, dense Oakland neighborhood. Strong demographics with over 300,000 residents within a 3-mile radius and an average household income of $112,000 within 1-mile.
Property Taxes
| Parcel Number | 012-0987-003-00 | Improvements Assessment | $2,199,312 |
| Land Assessment | $504,760 | Total Assessment | $2,704,072 |
Property Taxes
Parcel Number
012-0987-003-00
Land Assessment
$504,760
Improvements Assessment
$2,199,312
Total Assessment
$2,704,072
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