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8460 Edgewater Dr
Oakland, CA 94621
Retail Property For Sale
Investment Highlights
- Strategic Airport Area Location
- Strong Signage and Branding Opportunities with I-880 Pilon Signage
- Prime proximity to the airport and stadium with immediate access to I-880
- Established National Co-tenancy
- Ample Parking
- I-880: ±199,029 ADT Hegenberger: ±40,046 ADT
Executive Summary
Hegenberger Gateway Retail Center offers a rare opportunity to acquire a ±9,888 SF retail asset on a ±1.036-acre parcel in Oakland’s busy airport corridor. The property features excellent visibility, strong signage, and ample parking. It provides immediate access off the I-880 Hegenberger exit, offering convenient connectivity to the freeway and Oakland International Airport. With established national co-tenancy and flexible deal structures, this property presents a compelling opportunity for investors in the East Bay market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,864 SF
Building Class
B
Year Built
2005
Price
$4,485,000
Price Per SF
$454.68
Cap Rate
7.30%
NOI
$327,405
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.04 AC
Opportunity Zone
Yes
Parking
50 Spaces (5.07 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
- Skylights
- Tenant Controlled HVAC
- Recessed Lighting
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 042-4425-026-00 | Improvements Assessment | $2,575,000 |
| Land Assessment | $2,500,000 | Total Assessment | $5,075,000 |
Property Taxes
Parcel Number
042-4425-026-00
Land Assessment
$2,500,000
Improvements Assessment
$2,575,000
Total Assessment
$5,075,000
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