Wells Fargo
$4,556,000
1800 Solano Avenue, Albany, CA 94707
For Sale
Retail
Free Standing
Active
Last Updated: 10/02/2025
5
Cap Rate
227,800
NOI
Details:
Cap Rate: 5%
NOI: $227,800
Building Size: 3,976 sqft
Lot Area: 11,800 sqft
Lease Type: Absolute Net
Tenancy: Single
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.
Documents:
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WellsFargo_BerkeleyCA.pdf
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