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For Sale

For Sale or For Lease

1900 Mountain Blvd,
Oakland, CA 94611

Asset Snapshot

1984
Year Built
1
Floor Count
75.06%
Occupancy

Offering Summary

Investment Overview

Pacific West Advisory Group of Berkshire Hathaway - Drysdale Properties (Commercial Division) is pleased to exclusively market 1900 Mountain Blvd 'For Sale' and/or 'For Lease' The subject opportunity is comprised of the whole first floor - two (2) commercial condominiums inclusive of (9) APNs and two (2) office suites for a total of 10,305 rentable square feet. Suite 101, consisting of 2,570 rentable square feet, was formerly occupied by Guaranteed Rate and is now vacant for an owner-user purchaser or an investor to re-tenant. Suite 103 & 105, consisting of 7,735 rentable square feet, is currently occupied by Compass Real Estate but will be replaced by Vanguard Real Estate on May 1st, 2024 on a brand new, 5 yr. NNN lease. Suite 101 can be delivered vacant to an owner-user to occupy, then reap the benefits of Vanguard income as an investment play as well. The subject property contains offices and a lobby/common area with high-end finishes, patios, and an elevator leading to a ground floor parking garage with ample parking. The separate office suites all have multiple private glass conference rooms, individual offices and open cubicle space with new paint, hardwood finishes and carpet floors. Per the county records, 1900 Mountain Blvd was built in 1984 and is situated on a 16,738 square foot (0.38 acre lot).


Investment Highlights

  • Suite 101: Former Guaranteed Rate Space ~2,570 Sq. Ft. will be delivered Vacant for owner-user/investor
  • Suite 103-105: Currently Compass Real Estate ~7,735 Sq. Ft. on MTM Lease
  • Compass being replaced by Vanguard Real Estate on new 18 Mo. NNN Lease on 5/1/2024
  • 1984 building - updated lobby, common restrooms and interior building systems and finishes throughout
  • Enclosed, gated ground-floor parking garage with nine (9) parking spaces allocated to both commercial condos
  • Premier Montclair location at the base of Oakland Hills walking distance to high end retail, offices and restaurants.

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Listing Syndicated From

Buildout
For Sale
$2,998,000
Asking Price