675 Hegenberger RdOakland, CA 94621

Property Details for 675 Hegenberger Rd

Year built

1976

Construction

WOOD

Lot size

1.74 AC

Property size (Sq ft)

75,276 SF

Property type

Office properties

Property subtype

Office buildings

APN

42-4328-1-20

APU

424328120

Description

This exceptional three-story Class B office building, totaling 70,800 square feet, offers immediate occupancy in a prime Oakland-Airport location. Currently, 26,313 square feet of space is available, divisible into units as small as 1,313 square feet and up to a contiguous 25,000 square feet. Situated on a 75,000 square foot lot, the building boasts convenient access to the Airport/Coliseum BART station via AC Transit, providing effortless commuting. Enjoy the convenience of ample free parking surrounding the building and a pleasant interior courtyard. Third-floor suites ranging from approximately 1,500 to 11,000 square feet are ready for immediate occupancy. The building is locally owned and professionally managed since 1996 and offers build-to-suit options. Enjoy the nearby amenities including Starbucks, Jamba Juice, Organic Choice, and In-N-Out Burger. For improved suites, a fully-serviced starting base rent of $2.25 per square foot per month is available. Rental rates for unimproved suites are determined by the extent of necessary improvements and lease term length. This is a fantastic opportunity for businesses seeking flexible, well-located office space in Alameda County. The building was constructed in 1976.

• CAP approach

  CAP return

  Valuation

  6%

  $19,487,430

  6.5%

  $17,988,396

  7%

  $16,703,511

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,978,625

  Geo Method

  $20,995,230

• Alternative Use

  Use

  Valuation

  Residential

  $22,305,612

  Hospitality

  $20,431,820

  Educational

  $16,999,034

  Medical

  $17,583,658

  Retail

  $26,442,944

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7485

Longitude

-122.197

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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