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Listing Details

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School Ratings & Info

Description

9000 MacArthur Blvd is a single tenant retail property located in the city of Oakland. The property is a free standing building located on a 4,600 SF parcel. It is currently being operated as a convenience store and is occupied by Harry's Liquor. Harry's Liquor has a lease through 4/30/2024 with a 5-year option to extend. There are 9 parking spaces on-site. The subject property is located on a bustling thoroughfare and benefits from being on a hard and signalized corner. The property benefits from having vehicle high traffic and easy access to the 580 Freeway. The investment appeal of this asset is driven by its high visibility and the availability of lending capital for small businesses. The SBA is currently providing up to 90% LTV on 25 year fixed rate of ~3.00% APR, allowing an owner occupier to purchase the property with relatively little down payment.

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© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Global Living. Data last updated 2021-09-24T00:21:00.847.
www.yourplacebythebay.com/homes/117603384
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9000 Macarthur Boulevard Oakland, CA 94605

  • Price: $739,000
  • Status: Pending
  • ID#: 421556400
0
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
Oakland Zip 94605
County:
Alameda
Area:
Oakland Zip 94605
Property Description
9000 MacArthur Blvd is a single tenant retail property located in the city of Oakland. The property is a free standing building located on a 4,600 SF parcel. It is currently being operated as a convenience store and is occupied by Harry's Liquor. Harry's Liquor has a lease through 4/30/2024 with a 5-year option to extend. There are 9 parking spaces on-site. The subject property is located on a bustling thoroughfare and benefits from being on a hard and signalized corner. The property benefits from having vehicle high traffic and easy access to the 580 Freeway. The investment appeal of this asset is driven by its high visibility and the availability of lending capital for small businesses. The SBA is currently providing up to 90% LTV on 25 year fixed rate of ~3.00% APR, allowing an owner occupier to purchase the property with relatively little down payment.
Exterior Features

Lot Features CornerSidewalk Numberof Truck Doors 0 Parking Clearance Heightft 0 Parking Features Uncovered Parking Total 0

Interior Features

Numberof Elevators 0

Property Features

Cap Rate 4.72 Lease Terms Renewal Option Number Of Tenants 0 Property Sub Type Retail Special Listing Conditions None

Listing provided courtesy of Brian Leung of Compass Commercial.


© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Global Living. Data last updated 2021-09-24T00:21:00.847.
 
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Corcoran Global Living
215 West Portal Ave
San Francisco CA, 94127