7225 Bancroft Ave, Oakland, CA 94605; Retail For Sale; D-12 in Alameda County

7225 Bancroft Ave, Oakland, CA 94605; Retail For Sale; D-12 in Alameda County


7225 Bancroft Ave, Oakland, CA 94605; Retail For Sale; D-12 in Alameda County

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7225 Bancroft Ave, Oakland, CA 94605

Valero Gas Station

Retail Property For Sale

Price:
$2,350,000
Building Size:
470 SF
Price/SF:
$5,000
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Net Lease Investment with
9 years left on lease
Commission Split:
2%
Cap Rate:
6.30%
Occupancy:
100%
Tenancy:
Single
Lot Size:
14,464 SF
Listing ID
18732620

 

Description

Note: Actual building size is 384 SF.

The subject property consists of a 24 hour Valero gas station and C-Store located in Oakland, CA at the signalized intersection of Bancroft and 73rd Ave., across the street from the Eastmont Town Center and retailers such as CVS, AutoZone, DD’ s Discounts, Burger King, Church’ s Chicken among others. Property is within easy access from both I-580 and I-880 freeways.

Oakland, located in the U.S. state of California, is a major West Coast port city and the busiest port for San Francisco Bay and all of Northern California. It is the third largest city in the San Francisco Bay Area, the eighth-largest city in the state, and the 47th-largest city in the U.S. with a population at the 2010 census of 390,724. Incorporated in 1852, Oakland is the county seat of Alameda County. It serves as a major transportation hub and trade center for the entire region and is also the principal city of the Bay Area Region known as the East Bay. The city is situated directly across the bay, six miles east of San Francisco.