About 2628 Telegraph Avenue
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.
Features of 2628 Telegraph Avenue
| MLS® # | ML81958443 |
|---|---|
| Price | $925,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,117 |
| Acres | 0.16 |
| Year Built | 2006 |
| Type | Commercial Sale |
| Sub-Type | Comm Ind For Sale |
| Status | Active |
Community Information
| Address | 2628 Telegraph Avenue |
|---|---|
| Area | Listing |
| City | Berkeley |
| County | Alameda |
| State | CA |
| Zip Code | 94704 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | March 21st, 2024 |
|---|---|
| Zoning | C-C |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Juan De Leon |
|---|---|
| Office | Cornish & Carey Commercial |