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.
ML81958443
Business Opportunities, Other
Alameda
2006
0.1591
Acres
Public
1,117
Sq. Ft.
Interior Features
- Cooling
- Central Air
- Heating
- Other. Central.
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Roof
- Other
- Zoning
- C-C
Financial Considerations
55183518
$0
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