2628 Telegraph Ave 1, BERKELEY, CA

$925,000

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1,117

Square feet

0.16

Acres

About 2628 Telegraph Ave 1

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.

Features of 2628 Telegraph Ave 1

MLS® # ML81958443
Price $925,000
Square Footage 1,117
Square Footage Other
Acres 0.16
Year Built 2006
Type Common Interest
Sub-Type Commercial Property
Status Active

Community Information

Address 2628 Telegraph Ave 1
Area Other Area
City BERKELEY
County Alameda
State CA
Zip Code 94704

Amenities

Utilities Public Utilities
Is Waterfront No

Interior

Heating Central Forced Air Heat
Cooling Central Air Conditioning
Fireplace No

Exterior

Roof Other Roof
Foundation Other Foundation

Additional Information

Zoning C-C
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJuan De Leon
OfficeCornish & Carey Commercial
Contact Info415-305-6275

Listing Map

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