2344 HARRISON

2344 HARRISON

Address

2344 Harrison Street, Oakland, CA

Acquisition

October 01, 2015

Property Type

Retail

Size

5,400 SF

Property Description:

In October 2015, HP Investors acquired a 5,417 SF single tenant retail building on an off-market basis located in Downtown Oakland. The Property was put under contract vacant and subsequently leased to a fitness operator during due diligence.

Property Features

– Dramatic arch-beam masonry and beam building with no interior columns, skylights, and 20’ ceilings
– Located in path-of-growth area in the heart of the Broadway Valdez Specific Plan Area, which is designated as Oakland’s future destination retail and mixed-use corridor. Additionally, the Property lies at the nexus of high-demographic residential neighborhoods such as Grand Lake, Piedmont, and Adams Point, and across a gateway intersection from a 57,000 SF Whole Foods Market.
– Includes 2,200 SF parking lot that HPI successfully converted to shipping container based retail, providing additional income to investors

Major Tenants:

Pacific Strength, Equator Coffee, Urban Remedy