534-536 7TH ST, OAKLAND, CA (510) 545-9862 celinesimon@kw.com CELINE MUI SIMON BROKER ASSOCIATE | DRE #02130471 OFFERING MEMORANDUM HIGHLY VISIBLE GROUND FLOOR OLD OAKLAND RETAIL/OFFICE SPACE KW Commercial - Oakland DRE#: 02029039 RETAIL / OFFICE SPACE AVAILABLE FOR LEASE
All materials and information received or derived from KW Commercial Oakland, its directors, officers, agents, advisors, affiliates, and/or any third party sources are provided without representation or warranty as to completeness, veracity or accuracy, condition of the property, compliance, or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial Oakland, its directors, officers, agents, advisors, or affiliates make any representation or warranty, express or implied, as to accuracy or completeness of any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial Oakland/KW Commercial East Bay will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial Oakland makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial Oakland does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including those used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at, or increased to that level. Parties must evaluate any applicable contractual and governmental limitations, as well as market conditions, vacancy factors, and other issues in order to determine rents from or for the property.
Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW Commercial Oakland in compliance with all applicable fair housing and equal opportunity laws.
The information provided herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verify all matters deemed material, including, but not limited to, square footage, zoning, and statements of income and expenses. Consultation with your attorney, accountant, or other professional advisor is advised.
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TABLE
CONTENTS EXECUTIVE SUMMARY PROPERTY PHOTOS LOCATION HIGHLIGHTS AREA HIGHLIGHTS KEY FACTS LOCAL AMENITIES 01 08 11 13 15 17 KW Commercial - Oakland DRE#: 02029039
545-9862
BROKER ASSOCIATE
DRE #02130471
OF
(510)
celinesimon@kw.com CELINE MUI SIMON
|
EXECUTIVE SUMMARY
534-536 7TH ST, OAKLAND, CA
PROPERTY OVERVIEW
This ground floor retail/office space located on the southern edge of Old Oakland is in shell condition, and each unit has private restroom, and has access to a shared backyard/patio area. This mixed use building has residential units upstairs and modern luxury apartments next door. It is centrally located within walking distance to restaurants and cafes, the 12th/City Center Street BART station, and the Hwy 880 entrance. Major development is being proposed by the City of Oakland’s Downtown Specific Plan across the street and at Jefferson Park.
534-536 7TH ST, OAKLAND, CA | 4
534-536 7TH ST, OAKLAND, CA | 5
Office 3 Stories 1880 9,024 SF 3,008 SF Building Type: Building Height: Year Built: Building
Typical Floor
534-536 7TH ST
PROPERTY DESCRIPTION
Size:
Size:
PROPERTY HIGHLIGHTS
534: ± 1,031 rentable square feet
536: ± 1,960 rentable square feet
Combined: ± 2,991 rentable square
Shell condition
Excellent signage opportunity
Directly across from Wiley W. Manuel Courthouse, surrounded by restaurants, shops, and residences
Private restroom in each unit
Renovated in early 2000s
High traffic: 22,494 avg. daily traffic count (2022)
Paid parking lot across the street
Short walk to 12th St/Oakland City Center BART
24/7 security monitoring
Zoning: Central Business District - Pedestrian
Access to shared backyard
Lease rate: Call to inquire
Low NNN charges (approx. $0.15/sf)
Gas/water separately metered
534-536 7TH ST, OAKLAND, CA | 6
Barber shop
Beauty salon
Nail salon
Tailor
Tanning salon
Tattoo parlor
Pharmacy
Massage services
POTENTIAL USES
Limited service restaurant and café
General retail sales
Consultative and financial services
Consumer cleaning and repair service
Group assembly Gym
Broadcasting and recording services Office
Check Cashing (CUP Required)
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PROPERTY PHOTOS
534-536 7TH ST, OAKLAND, CA
534-536 7TH ST, OAKLAND, CA | 9
FLOOR PLAN
534-536 7TH ST, OAKLAND, CA | 10
7TH ST, OAKLAND,
LOCATION HIGHLIGHTS 534-536
CA
LOCATION HIGHLIGHTS
OLD OAKLAND, CA
Though there are Victorians sprinkled throughout Oakland, this slice of preserved late century architecture is brochure-perfect. Many of the buildings within this six-block stretch look fresh off an 1870s remodel.
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534-536 7TH ST, OAKLAND, CA | 13
Lakeside Park and Garden Center
Cathedral of Christ the Light Church
Oakland Zoo
Fox Theater Oakland Redwood Regional Park
AREA HIGHLIGHTS
99
Walk Score
Walker‘s Paradise
Daily errands do not require a car.
87
Transit Score
84
Bike Score
Excellent Transit Transit is convenient for most trips.
Biker’s Paradise
Daily errands can be accomplished on a bike.
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534-536 7TH ST, OAKLAND, CA | 15 KEY
FACTS:
KEY FACTS:
534-536 7TH ST, OAKLAND, CA | 16
534-536 7TH ST, OAKLAND, CA | 17
534-536 7th St
LOCAL AMENITIES
534-536 7TH ST OFFERING MEMORANDUM HIGHLY VISIBLE GROUND FLOOR OLD OAKLAND RETAIL/OFFICE SPACE RETAIL / OFFICE SPACE AVAILABLE FOR LEASE (510) 545-9862 celinesimon@kw.com CELINE MUI SIMON BROKER ASSOCIATE | DRE #02130471 KW Commercial - Oakland DRE#: 02029039