415 W Grand
Office | 8.39% CAP | 4,885 SqFt
Marketing description
Next Titan Capital, as exclusive advisor, is pleased to present the rare opportunity to acquire the fee-simple interest in 415 W Grand, a 100% leased, two-story commercial property located at one of the most active intersections in Oakland, California.
Acquired in 2019, the property includes a 4,885-square-foot building and a 5,892-square foot surface parking lot, totaling approximately 11,000 square feet of usable land. The property is currently fully leased to Urbana Cannabis Dispensary, on a 10-year lease, expiring January 2032. The property also benefits from a prominent billboard which also generates additional income on a long-term lease.
Positioned where Uptown meets West Oakland, this corner site benefits from exceptional street presence, steady foot traffic, and direct access to transit. Formerly home to Luka’s Taproom, a local landmark, the site offers built-in recognition and cultural relevance, making it ideal for tenants or investors looking to anchor themselves in one of Oakland’s most visible and evolving neighborhoods.
Investment highlights
Iconic Corner Location: Situated at the intersection of Broadway and West Grand, one of the most visible and trafficked corners in Oakland’s Uptown/West Oakland corridor
Fully Leased Investment: 100% leased to Urbana Cannabis Dispensary through 2032, with a 5-year extension option
Extensive Tenant Renovations: Urbana completed a large-scale, high-end interior and exterior renovation, reducing near-term capital requirements
Rare On-Site Parking: Includes ±30 secured surface parking spaces, delivering a high 6.14/1,000 SF parking ratio—exceptional for the neighborhood
Zoned for Flexibility: CBD-P zoning supports a range of commercial uses in a pedestrian-focused, transit-connected district
Cultural Legacy: Former home of Luka’s Taproom, a beloved local institution and symbol of Uptown Oakland’s early revitalization
Signage Income from Billboard Lease: The inclusion of a prominent billboard generates additional income on a long-term lease
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