Generational Trophy Asset

Essential CRE in collaboration with Ellwood Commercial is pleased to present this off market opportunity to acquire the Montclair Village Retail Portfolio located at 2050-2052 Mountain Boulevard & 6200-6208 La Salle Avenue in Oakland, CA. The subject properties are 7,011 square feet and are comprised of two buildings ideally located on a high-visibility corner in the heart of Montclair's shopping district. The diverse, high-end tenant mix serves the surrounding Oakland Hills community and benefits from strategic positioning around established national retailers along with boutique retailers.

Extremely Rare Montclair District, Oakland Hills Retail Investment Opportunity on Corner Lot with Excellent Visibility
Stabilized Asset with Value-Add Component in Converting Current Leases from Industrial Gross (IG) to Triple-Net (NNN)
Established, Diverse Tenant Mix Surrounded by National Retailers such as Safeway, CVS, Rite Aid, Chase Bank, BMO Bank, Starbucks, Peet's Coffee & Mountain Mike's Pizza

Montclair is a neighborhood in the eastern part of Oakland, California. It is known for its scenic hills, upscale residential areas, and a vibrant commercial district. Montclair is primarily a residential neighborhood with a mix of architectural styles ranging from Mediterranean villas to contemporary homes. Many houses offer panoramic views of the San Francisco Bay Area. The Montclair Village is the commercial heart of the neighborhood. It features a variety of shops, boutiques, restaurants, and cafes. The village has a small-town feel, and residents often appreciate the convenience of having amenities within walking distance. While Montclair is more residential and less urban than other parts of Oakland, it is still easily accessible by car. Public transportation options include AC Transit buses.
Oakland is situated on the eastern side of the Bay Area, adjacent to San Francisco. It covers a diverse range of landscapes, including hills, flatlands, and waterfront areas. Oakland has a diverse economy with a mix of industries. It serves as a major transportation hub, has a bustling port, and is a regional center for trade and commerce. Additionally, the city has a growing tech sector and is home to several innovative companies. Oakland is well-connected in terms of transportation. It has a major port, an international airport (Oakland International Airport), and is served by various public transportation options, including BART (Bay Area Rapid Transit) and buses.