PRIME INCOME-PRODUCING RETAIL PROPERTY | Oakland, CA

Highlights:

• High-Traffic Location: Situated on busy International Blvd, just 2 blocks from Fruitvale BART.
• $100K+ Facade Renovation: Recent investment ensures a strong, modern curb appeal.
• Decades of Operation: Successful liquor store at this location for over 30 years.
• Stable Income/Tenant: Reliable tenant operating the business for approximately 7 years.
• Attractive Cap Rate: Compelling investment opportunity with a strong cap rate and escalation upon renewal.

Description:

Well-Established Retail Investment with Strong Income

This well-established retail property presents a compelling investment opportunity, generating consistent net income for the current owner with an attractive capitalization rate and escalation upon renewal.

Strategically located on the high-traffic International Blvd in Oakland, the property has operated successfully as a liquor store for over three decades. International Blvd is a major thoroughfare with significant pedestrian and vehicular traffic, further enhanced by its proximity—just two blocks away—from the Fruitvale BART station.

The property boasts a recently renovated façade, with over $100,000 invested in enhancing its curb appeal. It features a spacious layout with a large storage area at the rear, providing operational efficiency and flexibility. There is also a second full bathroom and office in the rear detached building.

The current tenant, who previously served as the store manager, has been successfully operating the business for approximately seven years, demonstrating stability and proven performance.

This is an exceptional opportunity to acquire a well-positioned retail asset in a dynamic location. Contact us today for further details and to arrange a viewing.

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