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Wells Fargo

$4,258,000

1800 Solano Avenue, Berkeley, CA 94707

Active
Last Updated: 11/12/2025

5.35

Cap Rate

227

NOI

Details:
Cap Rate:    5.35%
NOI:    $227
Building Size:    3,976 sqft
Lot Area:    11,800 sqft
Occupancy:    100%
Lease Type:    Absolute Net
Tenancy:    Single
Parking Spots:    17
Highlights:
  • 5+ years remaining on absolute net lease featuring 2% annual rental increases
  • Historic bank location – 45+ year operating history
  • Significant branch deposits – $433M
  • Zero landlord expense or maintenance obligations
  • Investment grade credit rating – S&P: A+
  • Extremely affluent Bay Area submarket – average household incomes of $ 234,000+ within a 1-mile radius of the subject property
  • Home to UC Berkeley, the #1 ranked public university in the world according to U.S. News & World Report
  • Nearby national tenants driving traffic to the direct trade area include Safeway, Sprouts, 7-Eleven, Ross, and Lucky
Description:

Newly extended corporate Wells Fargo lease featuring 2% annual rental increases and one additional 5-year extension option. The subject property is located in Berkeley – an extremely affluent Bay Area submarket boasting average household incomes of $234,000 within a 1-mile radius of the subject property.

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Documents:
Title
WellsFargo_BerkeleyCA.pdf
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