As exclusive advisor, NAI Northgate is pleased to offer a quality, single tenant net leased investment.
4917 International Blvd, Oakland CA has demonstrated consistent and reliable cash flow.
Asking Price: $4,179,000
Actual Cap Rate: 5.95%
Effective NOI of $248,248
The investment is located on International Blvd, a highly desirable major thoroughfare with high visibility from a signalized intersection.
The property sits on a hard corner and represents a valuable infill redevelopment opportunity.
- Legacy location with strong historical sales performance.
- Tenant entered an extended new 10 year term, demonstrating commitment to the location.
- High income neighborhood with an average household income of $121,343
- Historical long-term tenancy with a national brand
- Exceptionally well-located property surrounded by commercial businesses, schools, apartment buildings, and single-family homes
- Located on International Blvd, which is a major corridor feeding to the Oakland CBD
- Highly desirable onsite parking, which is rare for CBD properties.
- Traffic Count 24,300 AADT