AutoZone
10111 International Blvd,
Oakland, CA 94603
Absolute NNN National Single Tenant Opportunity
4.50%
CAP RATE
11,490
Building SF
$161,051
Current Rent
.80
Land Acres
Absolute NNN
Lease Type
1960
Year Built
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4.50%
CAP RATE
11,490
Building SF
$161,051
Current Rent
.80
Land Acres
Absolute NNN
Lease Type
1960
Year Built
INVESTMENT OVERVIEW
Essential CRE is proud to offer the rare opportunity to acquire an absolute NNN leased AutoZone located at 10111 International Blvd in Oakland, CA. The subject property is 11,490 square feet, resides on .80 acres of land and benefits from excellent exposure with monument signage. AutoZone is currently in their second, 5-year option with two, 5-year options remaining at 10% increases at each option. The current zoning, C40/R30 allows for future high-density, mixed-use development.
INVESTMENT HIGHLIGHTS
Prime Oakland Absolute NNN Leased Automotive Single Tenant Opportunity
Tenant Has Occupied Site Since 1995; Strong Historical Occupancy
Current In-Place Rents of $1.06 NNN Well Below Market
Zoned for Commercial & Residential Allowing for Future Mixed-Use Development
High-Visibility Location with Monument Signage and Strong Traffic Counts - 24,315 Vehicles Per Day
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282
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