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9131 SAN LEANDRO STREETOAKLAND, CA 94603
75 E SANTA CLARA STREET // SUITE 600SAN JOSE, CA 95113
408.622.4490 // INFO@LAVERTYCHACON.COMBRE CORPORATE ID #1901749 // LAVERTYCHACON.COM
TANNER LAVERTY, CCIM408.622.4490 x101
tanner@lavertychacon.comBRE Officer #1436559
MARC CHACON, CPM916.722.0333
marc@lavertychacon.comBRE Officer #1431257
OAKLANDINDUSTRIAL
FOR SALE
80,523 sf multi-building, industrial complex in the heart of Oakland's GreenZone.
Tanner Laverty, CCIM Marc Chacon, CPM408.622.4490 x101 916.722.0333tanner@lavertychacon.com marc@lavertychacon.comBRE Officer #1436559 BRE Officer #1431257
75 E Santa Clara Street // Suite 600San Jose, CA 95113
408.622.4490 // info@lavertychacon.comBRE Corporate ID #1901749 // lavertychacon.com
OFFERING SUMMARY
Sale Price: Negotiable
NOI: $266,236
Lot Size: 3.64 Acres
Year Built: 1943
Building Size: 80,523
Zoning: IH
Market: East Bay/Oakland
Submarket: Oakland-Airport
80,523 sf multi-building, industrial complex in the heart of Oakland's Green Zone.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Located in Oakland approved cannabis zone
• 80,523 SF situated on 3.64 acres
• Multiple buildings - opportunity for user or investor
• Easy access to 880 and BART
• Ability to create privately fenced off parking and staging area
• Tenant will consider lease buyout
• Multiple buildings offer several occupancy and tenancy configurations
• Ideally situated in Oakland Airport sub-market with easy access to logistical needs
• In-place cash flow if Buyer needs time for potential rehab/redevelopment plan
• Southwest neighboring tenant has Easement for access/egress.
OAKLAND INDUSTRIAL9131 San Leandro Street, Oakland, CA 94603
Tanner Laverty, CCIM Marc Chacon, CPM408.622.4490 x101 916.722.0333tanner@lavertychacon.com marc@lavertychacon.comBRE Officer #1436559 BRE Officer #1431257
75 E Santa Clara Street // Suite 600San Jose, CA 95113
408.622.4490 // info@lavertychacon.comBRE Corporate ID #1901749 // lavertychacon.com
OAKLAND INDUSTRIAL9131 San Leandro Street, Oakland, CA 94603
Tanner Laverty, CCIM Marc Chacon, CPM408.622.4490 x101 916.722.0333tanner@lavertychacon.com marc@lavertychacon.comBRE Officer #1436559 BRE Officer #1431257
75 E Santa Clara Street // Suite 600San Jose, CA 95113
408.622.4490 // info@lavertychacon.comBRE Corporate ID #1901749 // lavertychacon.com
OAKLAND INDUSTRIAL9131 San Leandro Street, Oakland, CA 94603
Tanner Laverty, CCIM Marc Chacon, CPM408.622.4490 x101 916.722.0333tanner@lavertychacon.com marc@lavertychacon.comBRE Officer #1436559 BRE Officer #1431257
75 E Santa Clara Street // Suite 600San Jose, CA 95113
408.622.4490 // info@lavertychacon.comBRE Corporate ID #1901749 // lavertychacon.com
80,523 sf multi-building, industrial complex in the heart of Oakland's Green Zone.
PROPERTY OVERVIEW
The Oakland Airport Submarket, in addition to providing airport access, offers better access to thePort of Oakland than many other submarkets do. The submarket is also along the Union PacificRailroad and close to many intermodal facilities (such as BNSF Oakland International Gateway)near the Oakland Harbor. Industrial developers built out this part of the East Bay early in the Bay'shistory, and developable land is now scarce. The most recent new inventory added to thesubmarket is the almost 375,000 SF Goodman Logistics Center, which delivered in 14Q2. Thoughit was a spec project and vacant at the time of completion, it has since fully leased, with BenjaminMoore and Coaster Company of America as the two major tenants. Since these move-ins in 2015,the submarket's vacancy rate has dropped to well below the historical and metro averages, to oneof the lowest rates in the metro. The inherent demand here, as well as the lack of available space,has allowed rents to grow at an almost double-digit pace year-over-year from 2014 through theend of 2017. Rent levels continue to trend just below the metro average.
Oakland's Green Zone is the area permitted for legal cannabis locations. Please see the City ofOakland's website for step-by-step instructions on how to obtain a permit, for more information onThe West Oakland Specific Plan, and to view the map showing Cannabis Facilities PermittedZones.
To read more about the rent growth potential of industrial properties, please visit the NRE website.
LOCATION OVERVIEW
OAKLAND INDUSTRIAL9131 San Leandro Street, Oakland, CA 94603
9131 San Leandro StreetOakland, CA 94603
INDUSTRIAL PROPERTY FOR SALE
For More Information:
TANNER LAVERTY, CCIM408.622.4490 x101
tanner@lavertychacon.comBRE Officer #1436559
MARC CHACON, CPM916.722.0333
marc@lavertychacon.comBRE Officer #1431257
BRE Corporate ID #1901749
LAVERTY CHAĆON COMMERCIAL REAL ESTATE
info@lavertychacon.com | www.lavertychacon.com
Sacramento Valley916.722.0333
San Francisco Bay Area408.622.4490
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