1741 BROADWAY

1741 BROADWAY

Address

1741 Broadway, Oakland, CA

Acquisition

May 01, 2016

Property Type

Office/Retail

Size

15,137 SF

Property Description:

In May 2016, HP Investors acquired a 15,137 SF retail/office building in the Uptown District of Oakland, CA on an “off-market” basis with 100% occupancy and long-term upside characteristics.

Property Features:

– Block-through building with 50 feet of retail frontage on Broadway and Telegraph Avenue and within 50 feet of the 19th Street BART entrance.
– Retail uses improved as three separately demised food and beverage uses, including full infrastructure.
– Office component is fully improved as efficient side-core creative office space, and includes a roof-deck and can be multi-tenanted to two users.
– Long-term upside available through repositioning the full height, elevator accessible basement

Major Tenants:

The Punchdown, Itani Ramen, The Miranda Bar