1611 Telegraph Avenue, Oakland, CA 94612; Office Building for sale; B-1 in Alameda County
Price Not Disclosed
|Property Use Type
**Please contact listing broker to schedule a property site tour.**Auction.com and CBRE are pleased to present to qualified buyers the opportunity to purchase the Latham Square office building located in Oakland, California. This is a rare opportunity for Bay Area real estate investors to acquire a distinctive office asset at below replacement cost. Current in place rents are well below market providing significant short term and long term investment returns. Latham Square is located at the corner of 16th Street and Telegraph within the premier Oakland City Center office submarket. The Property is a 14-story office building with a penthouse totaling approximately 113,726 rentable square feet. There is approximately 25,760 square feet of 2 story underground parking as well. The Oakland City Center is a premier business location in Oakland and the East Bay. The total office inventory in the Oakland City Center and competitive surrounding buildings is approximately 2.1 million square feet of the total 9.25 million square feet in the Oakland Central Business District.
Oakland is headquarters to many major companies such as Kaiser Permanente, Pandora, the University of California and The Clorox Company.