Commercial Property — 4935 Shattuck Ave, Oakland, CA
$1,800,000
4935 Shattuck Ave, Oakland, CA
About this property
Fully-leased 5 unit retail investment opportunity located in Oakland's vibrant Temescal district. 4935 Shattuck Ave is anchored by the Michelin Guide-recommended restaurant Snail Bar. Remaining tenants include a cafe, an additional restaurant equipped with a full kitchen build-out, a hair salon and an African market. With an average of 4+ years remaining on the existing leases, investors will benefit from immediate stable cash flow and annual rent escalations that offer steady upside. Property currently generates $166,170/yr in gross scheduled income and is being offered at 6.37% cap rate. Contact brokers for more information.
Property details
Location
4935 Shattuck Ave • Oakland, CA 94609
Listed by
Thomas Garabedian Cone · Red Oak Realty
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