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EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE INDUSTRIAL OFFERING
OFFERING SUMMARYPrice $4,200,000Down Payment All CashRentable SF 13,900Year Built 1920Parcel Size 0.32 acre(s)Price/SF $302.16
419 4TH STOAKLAND, CA 94607
§ Rarely Available Real Estate Near Jack London Square Along Broadway Corridor
§ 24-Hour Access Transit Corridor Located Within One of a Handful of TOD Project Zones
§ Cold Storage In Place - Vacant Unit Has Two Freezers and Two Coolers
§ Opportunity for Owner/User, Upside with Re-Tenant and Development
§ C-45 Zoning Provides Potential for Residential Development (Confirm with City)
§ Within Walking Distance of Jack London Square and Major Transportation
INVESTMENT HIGHLIGHTS
PROPERTY INVESTMENT SUMMARY
CURRENT PRO FORMA
CAP Rate 0.69% 3.66%Net Operating Income $28,895 $153,625Net Cash Flow After Debt Service $28,895 $153,625Total Return 0.69% / $28,895 3.66% / $153,625
EXCLUSIVELY LISTED BY:
David ChingFirst Vice President InvestmentsTel: (510) 379-1233License: CA [email protected]/DavidChing
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: Y0400029 Property ID: 2710302)
EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE INDUSTRIAL OFFERING
101 West Elm Street, Suite 600, Conshocken, PA 19428 | Tel (215) 531-7000 Fax: (215) 531-7010
419 4TH STOAKLAND, CA 94607
EXPENSES
CAM $3,875 $0.28 $3,875 $0.28
Real Estate Taxes $56,641 $4.07 $56,641 $4.07
Insurance $2,500 $0.18 $2,500 $0.18
Total Expenses $63,016 $4.53 $63,016 $4.53
NET OPERATING INCOME
Net Operating Income $28,895 $2.08 $153,625 $11.05
REVENUE
CURRENT $/SF PRO FORMA $/SF
Scheduled Base Rent $60,000 $4.32 $157,500 $11.33
Expense Reimbursement Income $31,911 $2.30 $59,141 $4.25
Potential Gross Revenue $91,911 $6.61 $216,641 $15.59
Effective Gross Income $91,911 $6.61 $216,641 $15.59
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: Y0400029 Property ID: 2710302)
