55 Grand

55 Grand

Address55 Grand Ave, Oakland, CA
AcquisitionJune 01, 2017
Property TypeRetail
Size7,000 SF

Property Description:

In June 2017, HP Investors acquired a 7,000 SF, single-story retail building located in the “Uptown” District in Downtown Oakland. The Property was acquired at 100% occupancy at substantially below-market rents.

Property Features:

– Exceptional corner location in the heart of Downtown Oakland, surrounded by over 1.5M SF of office and 4,000 multifamily units within three blocks
– Superior functionality for restaurant and small-format retailers
– Available development upside with favorable zoning / historical designation supporting above ground floor density