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4442-4448 Piedmont Ave 10,222 SF 100% Leased Retail Building Oakland, CA 94611 $3,720,000 ($363.92/SF) 6.65% Cap Rate
Executive Summary
1. For Sale: 4442 – 4448 Piedmont Avenue. A fee simple interest in an excellent 100% occupied retail property located in the Heart of the Oakland Piedmont Avenue retail neighborhood.
2. Asking Price $3,720,000 or $484 PSF
3. Capitalization Rate 6.65%
4. The property consists of plus or minus 7,690 SF with 7 tenants.
2. Asking Price $3,720,000 or $484 PSF
3. Capitalization Rate 6.65%
4. The property consists of plus or minus 7,690 SF with 7 tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,222 SF
Building Class
C
Year Built
1928
Price
$3,720,000
Price Per SF
$363.92
Cap Rate
6.65%
NOI
$247,380
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.56
Lot Size
0.15 AC
Parking
5 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
80’ on Piedmont Ave
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 013-1124-022-01 | Improvements Assessment | $121,825 |
| Land Assessment | $54,810 | Total Assessment | $176,635 |
Property Taxes
Parcel Number
013-1124-022-01
Land Assessment
$54,810
Improvements Assessment
$121,825
Total Assessment
$176,635
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4442-4448 Piedmont Ave