Active
2628 Telegraph AVE 1
BERKELEY CA, 94704
$925,000
$828.11 per sqft
Active
1,117 sqft
Commercial
Built in 2006
Listed by Cornish & Carey Commercial, Juan De Leon, Listing Contact: 4153056275
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
MLSⓇ ID
April 27, 2024
Updated
Map
2628 Telegraph AVE 1
BERKELEY CA, 94704
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
C-C
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Price Change | $925,000 -8% |
Listed by Cornish & Carey Commercial, Juan De Leon,
Listing Contact: 4153056275
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Data last updated 12:37 PM UTC, 4/27/2024