351 California
351 California Street, San Francisco, CA 94104
12,959 平方米
Jones Lang LaSalle Americas, Inc. (“JLL”) has been engaged as the exclusive advisor to extend to qualified investors the opportunity to acquire the fee simple interest in 1618 Franklin Street (the “ Property”), a 3-story, 100%-leased 26,612 square foot mixed-use asset located in Oakland’s Uptown submarket.
The Property boasts a diverse tenancy mix and uses including high-end creative office, a restaurant and medical/dental space offering a varied income stream and protected in-place cash flow via a WALT of 2.8 years.
1618 Franklin presents an investor with the opportunity to acquire a fully renovated mixed-use building with historic charm located in the heart of one of Oakland’s most exciting mixed-use neighborhoods.
Offering Price: $7,000,000 ($263 PSF) - 13.3% Cap Rate