2201 Shore CtrAlameda, CA 94501

Property Details for 2201 Shore Ctr

Year built

1973

Construction

TILT-UP CONCRETE

Lot size

1.43 AC

Property size (Sq ft)

60,480 SF

Property type

Retail properties

Property subtype

Community centers

APN

74-1200-2-27

APU

741200227

Description

South Shore Center, located at 2201 S Shore Center, Alameda, CA 94501, presents a unique opportunity for businesses seeking prime retail or restaurant space in Alameda County. This established shopping center boasts a total of 596,591 square feet across 22 suites, offering a diverse range of sizes to accommodate various needs. Currently, there are 57,485 square feet of vacant space available, with individual suites ranging from a minimum of 783 square feet to a maximum contiguous space of 4,913 square feet. The property sits on a substantial 46.59-acre lot, ensuring ample parking and visibility for tenants. Its strategic location in Alameda, California, provides excellent access to a thriving community and significant foot traffic. The property type is classified as retail and restaurant, making it ideal for a variety of businesses. The multiple tenancy structure allows for a diverse mix of tenants, creating a vibrant and attractive shopping destination. This is an exceptional opportunity to establish or expand your business in a highly desirable location. The property is currently available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $41,062,120

  6.5%

  $37,903,492

  7%

  $35,196,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $50,339,888

  Geo Method

  $42,508,560

• Alternative Use

  Use

  Valuation

  Residential

  $31,973,016

  Hospitality

  $29,287,110

  Educational

  $24,366,532

  Medical

  $25,204,534

  Retail

  $37,903,492

Location Insight

City

Alameda

County

Alameda

State

California

Latitude

37.7581

Longitude

-122.253

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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