2628 Telegraph Avenue #1
Berkeley, CA 94704
0.16 acres | #ML81958443
Description
PRICE REDUCED - Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire 2628 Telegraph Avenue (the Property) on iconic Telegraph Avenue in Berkeley, California. This 100% leased commercial medical office condominium is situated on highly trafficked Telegraph Avenue. The property is occupied by a single tenant on a net lease basis with a lease expiration date in 2030. This offering offers an investor the rare opportunity to own a high-quality asset providing stable income and long- term value | Rare medical office investment property on iconic Telegraph Avenue in Berkeley, California | 100% leased to a single tenant medical user; The Joint Chiropractic | Long-term lease with a lease end date of October 2030 | Annual 3% rental increases | Excellent curb appeal and street frontage on highly trafficked Telegraph Avenue.
Property Details
- Acres0.1591
Construction Details
- Property TypePurchase
Condition
- Year Built2006
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$1,000,000
- Taxes Annual$0
Other
- MLS #ML81958443
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Juan De Leon (#ML5073965)
Listing Office: Cornish & Carey Commercial (#ML35698)
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