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1333 Grand Ave

5,836 SF 100% Leased Office Building Piedmont, CA 94611 $4,977,000 CAD ($853 CAD/SF) 6.28% Cap Rate

Medical Offices California Piedmont 1333 Grand Ave, Piedmont, CA 94611

Investment Highlights

  • Rare commercial property for sale in highly prestigious Piedmont sub-market
  • Annual increases in leases
  • 100% leased to two dental tenants, a ballet studio and a Brazilian Jiu Jitsu academy

Executive Summary

Situated on highly trafficked Grand Avenue (roughly 15,800 vehicles per day) the approximately 5,606 square foot retail/medical building is 100% leased to 4 tenants. Submit signed confidentiality agreement for financial information or contact agents to discuss.

Attachments

1333 Grand Ave - OM -Teaser
1333 Grand Avenue -Principal CA
1333 Grand Avenue - Broker CA

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,836 SF
Building Class
C
Year Built
1961
Price
$4,977,000 CAD
Price Per SF
$853 CAD
Cap Rate
6.28%
NOI
$312,793 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,918 SF
Slab To Slab
10’
Building FAR
0.93
Lot Size
0.14 AC
Zoning
N/Av, Oakland
Parking
5 Spaces (0.86 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 050-4557-002-00 Improvements Assessment $1,749,909 CAD
Land Assessment $450,390 CAD Total Assessment $2,200,299 CAD

PROPERTY TAXES

Parcel Number
050-4557-002-00
Land Assessment
$450,390 CAD
Improvements Assessment
$1,749,909 CAD
Total Assessment
$2,200,299 CAD
(925) 974-0237

Contacts

  • Listing ID: 29555151

  • Date on Market: 2023-09-19

  • Last Updated:

  • Address: 1333 Grand Ave, Piedmont, CA 94611

The Office Property at 1333 Grand Ave, Piedmont, CA 94611 is currently available for sale. Contact Newmark for more information.

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1333 Grand Ave
(925) 974-0237 x

1333 Grand Ave

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Forrest Gherlone

(925) 974-0237

(925) 974-0237

Rick Steffens

(925) 974-0110

(925) 974-0110

Max Gunari

(925) 984-8423

(925) 984-8423

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