960 University Ave | Berkeley, CA 94710
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- LoopNet Team
960 University Ave
Berkeley, CA 94710
Jiffy Lube Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASED OFFERING WITH JIFFY LUBE CORPORATE
- RARE 2.5% ANNUAL INCREASES
- LARGE CORPORATE GUARANTY (PENNZOIL QUAKER STATE DBA “SHELL”)
- EXTREMELY UNIQUE CORE BAY AREA NET LEASED OFFERING
- PRIME BAY AREA RE-DEVELOPMENT POTENTIAL
- INFILL LOCATION WITH HIGH BARRIERS OF ENTRY, 1.5 MILES FROM UC BERKELEY CAMPUS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,324 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.13 AC
Zoning
C-1
Parking
5 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
87’ on University Ave
PROPERTY TAXES
| Parcel Number | 056-1972-038-00 | Improvements Assessment | $946,182 |
| Land Assessment | $1,277,454 | Total Assessment | $2,223,636 |
PROPERTY TAXES
Parcel Number
056-1972-038-00
Land Assessment
$1,277,454
Improvements Assessment
$946,182
Total Assessment
$2,223,636
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