1904 Franklin Street

Send to friendSend to friendPrinter-friendly versionPrinter-friendly version
Basic Info
Photo: 
Catagory : 
Dispositions
Price: 
$8,000,000
Location: 
1904 Franklin Street
1904 Franklin Street
Oakland, CA
United States
37° 48' 26.7372" N, 122° 16' 4.0656" W
See map: Google Maps
Status: 
Sold

This 9 story office building is conveniently located in downtown Oakland near BART, buses and freeways. It is a 49,696 square foot, well maintained, 9 story office building with attractive retail spaces on the ground floor. The building has 24 hour secured access and abundant on-site parking (20 secured underground spaces and 15 surface spaces), which provides potential additional income.

The building has a high historic occupancy rate and is currently 97% occupied. The investment offers the opportunity to acquire a stable asset with significant upside in rents, centrally located in the leading Bay Area Market.

Property Features
Price PSF: 
$160.98
Lot Size: 
0 Acres
Property Type: 
Office Building
Size SQ. FT.: 
49,696
CAP Rate: 
5.4%
Approximate Age: 
1930
List or Sale Date: 
09/14/2007
Agents

Nick Shihadeh

Direct: (415) 841-9299 ext .101

Bajis Katwan

Direct: (415) 841-9299 ext .112
Mobile: (650) 279-2100