Listed by California Capital & Investment Group
$4,800,000
401 Roland Way
Details
APN 42-4430-1-24
Property Type Office
Sub Type Executive Office
Square Footage 38,902
Net Rentable (SqFt) 21,179
Tenancy Multi
Price per SqFt $123
Year Built 1983
Stories 2
Lot Size (SqFt) 81,457
Zoning Port
Parking Spaces 120 per 1,000 sq ft
Investment Type Owner/User
Office | 38,902 SqFt
Marketing description
California Capital & Investment Group is pleased to present this rare owner/user and multi-tenant office investment opportunity
located in the Oakland Airport Submarket. 401 Roland Way boasts approximately 21,179 SF of vacant space which allows an
owner/user the unique opportunity to occupy a large portion of space and collect rent from the remaining tenants. This asset also
provides investors immediate revenue while also allowing for plenty of upside by increasing rents to fair market value overtime.
Ample tenant parking and a quiet work environment next to the San Leandro Creek trail and near the Bay are added bonuses.
Current ownership has recently invested significant capital into upgrading the HVAC system and repainting the property.
Investment highlights
- Rare large owner/user opportunity
- Two-story office building - elevator served
- Approximately 120 parking spots (3 parking spaces per 1,000 sf)
- Substantial upgrades to the building systems - brand new hvac system installed with off-site app control to tenant spaces
- Recent improvements to common area including flooring and paint
- Rba: ± 38,902 rsf
- Lot: ± 81,457 sf lot
- Price/sf: $123/sf
- Land price/sf: $59/sf
- Approximately 18,167 sf Available for an owner/user On the ground floor.
- Another +/- 3,012 sf available On the 2nd floor. Total available: 21,179 sf
- Parking Ratio: 3 spots/1,000 SF
Listing Contacts
Listed by California Capital & Investment Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
