International Auto Repair Investment | 5500 International Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
International Auto Repair Investment 5500 International Blvd
1,250 SF Retail Building Oakland, CA 94621 $495,000 ($396/SF) 8.82% Cap Rate
Investment Highlights
- Commercial Industrial Investment - Currently the Business Location for 55th Tire & Service
- High Traffic Corner Location Near Downtown Oakland, BART, HWY580, HWY880
- Seller Financing is Available with Excellent Terms for Well Qualified Buyers
- Currently Zoned CN-3 for Neighborhood Commercial Allowing for a Variety of Commercial Uses
- Property can be Delivered Vacant or the Tenant will Sign a NNN Lease with the New Owner
Executive Summary
***EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE.
5500 International Blvd presents a rare opportunity to purchase a commercial industrial property currently being used the business operation of 55th Tire & Service. The property is zoned CN-3 for Neighborhood Commercial providing for a variety of business uses. The property offers 1,150 square feet of rental space and sits on a 5,874 square foot lot with parking in the front and ample space for parking and storage in the rear. There is 85 feet of frontage on International Blvd and 75 feet of frontage on 55th Avenue. The current tenant has a lease until June 2026, however he may terminate his lease for a new owner. This is an attractive, high-traffic location in East Oakland with tremendous income upside near Downtown Oakland, HWY880, HWY580, and numerous public transportation options. This is a perfect opportunity for an owner-user or NNN Investor seeking a property with excellent long-term income potential. Seller financing is available 50% down payment for well qualified buyers. The current lease rate is very low and needs to be updated; the cap rate is based upon the market value one the current tenant vacates the property.
5500 International Blvd presents a rare opportunity to purchase a commercial industrial property currently being used the business operation of 55th Tire & Service. The property is zoned CN-3 for Neighborhood Commercial providing for a variety of business uses. The property offers 1,150 square feet of rental space and sits on a 5,874 square foot lot with parking in the front and ample space for parking and storage in the rear. There is 85 feet of frontage on International Blvd and 75 feet of frontage on 55th Avenue. The current tenant has a lease until June 2026, however he may terminate his lease for a new owner. This is an attractive, high-traffic location in East Oakland with tremendous income upside near Downtown Oakland, HWY880, HWY580, and numerous public transportation options. This is a perfect opportunity for an owner-user or NNN Investor seeking a property with excellent long-term income potential. Seller financing is available 50% down payment for well qualified buyers. The current lease rate is very low and needs to be updated; the cap rate is based upon the market value one the current tenant vacates the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,250 SF
Building Class
C
Year Built
1960
Price
$495,000
Price Per SF
$396
Cap Rate
8.82%
NOI
$43,659
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Land Acres
0.13 AC
Zoning
C-40
Parking
4 Spaces (3.2 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 038-3232-017-00 | Improvements Assessment | $168,300 |
| Land Assessment | $316,200 | Total Assessment | $484,500 |
PROPERTY TAXES
Parcel Number
038-3232-017-00
Land Assessment
$316,200
Improvements Assessment
$168,300
Total Assessment
$484,500
-
David Howarth -
Pinza Group
1 of 20
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
International Auto Repair Investment | 5500 International Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.