Drugstore For Lease
PROPERTY OVERVIEW
Rent*. $195,000/yr, Modified Gross *(inclusive of RET & CAM; R&M, insurance, utilities separate)
Master Lease Expiration. 8/31/34
Walgreens Premises. ~18,050 SF (±14,550 SF) + drive-through
Property. ~1.334
Signage. Building and monument w/ reader
Parking. ~53 spaces
Year Built. 2010
Zoning. CN-2, S-13 – Permitted Uses
Prohibited Uses. Pharmacy
LOCATION OVERVIEW
Prime Location. In the heart of Oakland’s vibrant Eastlake Neighborhood and in close proximity to popular eateries, cafes and local businesses
Convenient Location. High walkability and bikeability, close to BART (Lake Merritt Station) and quick access to I-880
Strong Demos. ~55K w/in 1-mile, with Avg HH Inc of ~$127K
SUBLEASE TERMS*
SUGGESTED RENT $195,000/yr (inclusive of RET & CAM; R&M, insurance, utilities are subT expenses)
TERM 8/31/34 (Co-terminus with master lease)
DELIVERY “As-Is”
OFFERS EVALUATED AS RECEIVED
Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 1.5 mi | |
| 11 min | - | 6.4 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Lake Merritt Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART)) | 3 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Metro Oakland International | 15 min | - | 8.6 mi |
| San Francisco International | 38 min | - | 25.3 mi |
| Norman Y Mineta San Jose International | 51 min | - | 40.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 53 |
| Type: | Surface |
| Included in Rent: | Yes |