960 University Ave
Berkeley, CA 94710
Jiffy Lube Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASED OFFERING WITH JIFFY LUBE CORPORATE
- RARE 2.5% ANNUAL INCREASES
- LARGE CORPORATE GUARANTY (PENNZOIL QUAKER STATE DBA “SHELL”)
- EXTREMELY UNIQUE CORE BAY AREA NET LEASED OFFERING
- PRIME BAY AREA RE-DEVELOPMENT POTENTIAL
- INFILL LOCATION WITH HIGH BARRIERS OF ENTRY, 1.5 MILES FROM UC BERKELEY CAMPUS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,324 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.13 AC
Zoning
C-1
Parking
5 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
87’ on University Ave
PROPERTY TAXES
| Parcel Number | 056-1972-038-00 | Improvements Assessment | $668,610 |
| Land Assessment | $902,700 | Total Assessment | $1,571,310 |
