401 Alice Street
Industrial | 13,895 SqFt
Marketing description
Lee & Associates, as an exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 401 Alice Street, Oakland, CA ("The Property") is a historic, mixed-use building (Zoned C-45/S-4) located in the heart of Jack London Square. The 13,895± SF building was acquired in 2018 and had extensive tenant improvements and renovations completed before leasing it out to a pair of tenants. The property is 77% leased with One (1) 3,254± SF vacancy leaving the buyer with an opportunity to use the space themselves, or lease out the space to a tenant, bringing the property to 100% leased. In short, this is a rare opportunity to purchase a NNN leased investment with potential for income growth and future development opportunities.
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