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MacArthur Retail & Church Investment 7327-7335 MacArthur Blvd

6,930 SF Retail Building Oakland, CA 94605 $650,000 ($94/SF) 8.06% Cap Rate

Investment Highlights

  • Large Retail/Church Investment Offering 6,930 SqFt
  • Seller Financing Available with Excellent Terms
  • Perfect Opportunity for Owner-User or Investor Looking to Lease at Max Market Rates
  • 7327 MacArthur Blvd Offers 2,430 Square Feet and 733 MacArthur Blvd Offers 4,500 Square Feet
  • Delivered Vacant at Close of Escrow
  • Appraised in June 2023 for $1,800,000 – Huge Value-Add Opportunity

Executive Summary

Two-unit retail property offering approximately 6,930 square feet of rental space. The property has a use code allowing for
retail and churches providing maximum flexibility for the next owner. The property is split between 7327 MacArthur Blvd offering 2,430 square feet and 7335 MacArthur Blvd offering 4,500 square feet. The property is currently tenant occupied with a family friend of the owner but will be delivered vacant at close of escrow. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is a large 200 apartment development approved across the street at 7300 MacArthur Blvd which should transform the neighborhood. The property was appraised in 2023 for $1,800,000 making for a perfect opportunity for an investor to acquire an undervalued asset in a rapidly improving neighborhood with excellent longterm potential. Trust sale not subject to court confirmation.
*** EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,930 SF
Building Class
C
Year Built
1930
Price
$650,000
Price Per SF
$94
Cap Rate
8.06%
NOI
$52,399
Tenancy
Single
Building Height
1 Story
Building FAR
0.94
Land Acres
0.17 AC
Opportunity Zone
Yes
Frontage
28 FT on Macarthur Blvd

Amenities

  • Pylon Sign
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 040-3400-003-01
  • 040-3400-004-00
Land Assessment
$346,152
Improvements Assessment
$1,112,170
Total Assessment
$1,458,322
  • Listing ID: 33668000

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 7327-7335 MacArthur Blvd, Oakland, CA 94605

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