388 9th St - UC Dessert & Sakura Sushi Bistro Restaurant

Investment Highlights

Hassle-free investment opportunity to sell and lease back fully occupied restaurant spaces with a 7% cap rate at the Pacific Renaissance Plaza. Units boast flexible lease terms, including a fixed NNN lease in place for five years and two five-year renewal options. Dynamically located in Oakland's Chinatown near several amenities, including Starbucks, Bank of America, Pure Barre, and Sweetgreen. Conveniently reach the Pacific Renaissance Plaza within minutes via Interstates 880 and 980 and the 12th Street /Oakland BART Station.

Executive Summary

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Retail/Office Office Office Live Work Unit Restaurant
• Building Size    4,478
• Building Class    B
• Year Built    1895
• Price    1,400,000
• Price Per SF    313
• Percent Leased    55
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.93
• Land Acres    0.11 AC