388 9th St, #121, Oakland, CA 94607; Retail For Sale; D-10 in Alameda County
388 9th St, #121, Oakland, CA 94607: Retail For Sale; D-10 in Alameda County
388 9th St, #121, Oakland, CA 94607
HSBC Bank
Retail Property For Sale
- Price:
- $6,030,136
- Building Size:
- 4,646 SF
- Price/SF:
- $1,297.92
- Property Type:
- Retail
- Property Sub-type:
- Anchor
- Property Use Type:
- Net Lease Investment with
- 2 years left on lease
- Commission Split:
- 2%
- Cap Rate:
- 6%
- Tenancy:
- Single
- Listing ID
- 18241748
- Description
– Anchor Tenant HSBC Bank
– 4,646 Square Feet ground level retail space
– Great opportunity for Investor with 6.00% CAP Rate
– 2 years remaining on Lease with 4.00% annual increase
– One 5 years option to extend
– One of two branches in the East Bay
– This branch has been opened for over 10 years
– 6 teller windows, 8 personal banker cubical
– Roll down security gate and alarm installed
– Conveniently located in the heart of Oakland Chinatown
– Two entrances: plaza entrance and Webster Street entrance
– Three levels of secured underground public parking garage
– 24/7 on-site plaza security guards
http://www.crelisting.net/HWo0TSi0Q