Fully leased investment anchored by FedEx Kinko’s in prime Berkeley retail corridor. All leases are NNN with 5-year terms commencing mid-2008. The renovation of the property, which began in early 2008, is in its final stage.
|Sq. Ft. (approx):
- NNN Leases
- VERY Low Maintenance
- 6.0% CAP
- Redeveloped Retail Investment
- High Traffic “A” Location
3167-3173 College Avenue is located off the corner of College and Alcatraz Avenues, a major intersection near UC Berkeley. Nearby neighbors include Safeway, Bank of America, Zachary’s Pizza, and Trader Joe’s. The property is also located near Highways 13 (Ashby Ave) and 24, which connect Berkeley to Contra Costa, Alameda, and San Francisco counties.
Unique opportunity to acquire a quality asset, with secure growing income, in an excellent location.