The subject property is a fully-occupied 20,495 sq. ft. office building located on Grand Avenue in the Piedmont District of North Oakland. 3645 Grand Avenue was built in 1964 and includes 20 suites ranging in size from 600-2,000 sq. ft., as well as 19 secure parking spaces. Historically, the property has benefited from strong rental demand from a diverse tenant background, due in part to its close proximity to various amenities and high quality of space.

Location Description:

3645 Grand Avenue is centrally located with convenient access to Downtown Oakland, public transportation, the I-580 and CA-24 freeways, as well as shops, businesses, restaurants and other services, many within walking distance. This section of Grand Avenue is particularly attractive and supports the potential of this building to continue renting to premium renters at higher rates.

The City of Oakland is located across the bay from San Francisco and it is the largest established city in the East Bay. It offers coastline to the west, beautiful rolling hills to the east, and enjoys one of the best year round climates in the country. The property is sure to be coveted by high-tech employment and other employment opportunities spilling over from San Francisco.

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