Active
2628 Telegraph Avenue
Berkeley CA, 94704
$925,000
$828.11 per sqft
Active
1,117 sqft
Commercial
Built in 2006
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
March 21, 2024
Listed
May 9, 2024
Updated
Map
2628 Telegraph Avenue
Berkeley CA, 94704
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
Berkeley
Garage
No
View
No
County
Alameda
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 Juan De Leon with Cornish & Carey Commercial
Listing Contact: 415-305-6275
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