Description
Now $15.4M | Priced Below Replacement Cost | 414 Lesser St. Oakland | Currently at 82.5% Occupancy This is a stabilized asset with large upside. In Place solid ROI at 82.5% occupancy and growing. Very strong and stable upside. Highly Desirable Location for Cannabis Tenants. Secure building. Easy Freeway Access. Just Minutes Away from Dispensaries. D-ce-6 Central Estuary District Industrial Zone - 6: This Zone Allows Industrial and Manufacturing Uses, Transportation Facilities, Warehousing and Distribution, and Similar Related Supporting Uses. Cannabis Related Business Include: Type 7 Volatile Substances, Type 6 Non-volatile Substances, Cultivation, Manufacturing, Commercial Kitchen, Laboratory, Co-packing, and Delivery-only Dispensary. Onsite 24-hr security & surveillance cameras, 2" water supply. Instant access to I-880 Freeway & Port of Oakland. Heavy power (3,000 amps @ 277/480 Volts)
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0BEDS
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1.15ACRES
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0BATHS
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01/2 BATHS
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63,406SQFT
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$243$/SQFT
School Ratings & Info
Description
Now $15.4M | Priced Below Replacement Cost | 414 Lesser St. Oakland | Currently at 82.5% Occupancy This is a stabilized asset with large upside. In Place solid ROI at 82.5% occupancy and growing. Very strong and stable upside. Highly Desirable Location for Cannabis Tenants. Secure building. Easy Freeway Access. Just Minutes Away from Dispensaries. D-ce-6 Central Estuary District Industrial Zone - 6: This Zone Allows Industrial and Manufacturing Uses, Transportation Facilities, Warehousing and Distribution, and Similar Related Supporting Uses. Cannabis Related Business Include: Type 7 Volatile Substances, Type 6 Non-volatile Substances, Cultivation, Manufacturing, Commercial Kitchen, Laboratory, Co-packing, and Delivery-only Dispensary. Onsite 24-hr security & surveillance cameras, 2" water supply. Instant access to I-880 Freeway & Port of Oakland. Heavy power (3,000 amps @ 277/480 Volts)
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Listing courtesy of Joshua Keller of Nai Northern California: .