2310 Telegraph Ave

2310 Telegraph Ave is a stunning Walgreens anchored retail asset located in the thriving city of Berkeley, CA. The subject property also offers investors the opportunity to redevelop within Berkeley's C-T Telegraph Avenue Commercial District.
Situated on a 10,000 square foot parcel of land, the subject property was originally constructed in 1950, and has a gross building area of approximately 12,419 square feet, offering three retail suites adjacent to a major entrance to the UC Berkeley campus.
Located within Berkeley's C-T Zoning District, the subject property can potentially be redeveloped into residential, retail, office, mixed-use or many other types of commercial buildings. The subject property is located on the corner of Telegraph Ave and Bancroft Way, giving tenants access to the densest foot traffic Berkeley has to offer coming from Telegraph Ave, Shattuck Ave, and the UC Berkeley campus. UC Berkeley is an internationally recognized university that prides itself on being the number one public university in the nation as well as the fourth best globally.
Berkeley is also a major transportation hub with several Bay Area rapid transit system (BART) stops and is intersected by several interstate freeways. Residents in Berkeley have convenient commuting options to San Francisco and the greater Bay Area providing close proximity to many of the nation's top tech employers including Google, Apple, Facebook, IBM, LinkedIn, Microsoft, Intel, Adobe Systems, Cisco Systems, Yahoo, as well as many others.
The investment appeal of this asset is driven by Berkeley’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of East Bay, 2310 Telegraph Ave presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.