Emeryville Add Value Industrial
$2,600,000
5675 Horton Street Oakland, CA 94608
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About this listing
Emeryville is a city located in northwest Alameda County, California, in the United States. It lies in a corridor between the cities of Berkeley and Oakland, with a border on the shore of San Francisco Bay.
Located at the foot of the Bay Bridge, Emeryville is near or directly accessible from the following freeways: I-80. I-580. I-880
One block away on 51st Street Sutter Health is investing $1 billion to build a new medical campus in Emeryville, which will include a flagship hospital and expanded outpatient services . The development is aimed at addressing the growing healthcare needs of the East Bay and will open in phases starting in 2028. Sutter Health currently serves about 480,000 patients, but with the new campus, that number is expected to grow to 800,000.
It also plans to hire at least 100 doctors and clinicians for the new campus
The property consist of 2 adjacent parcels. Fully occupied with short term leases.
The parcel at 5675 Horton Street is 8,825 square feet with a single story commercial building of approximately 7,950 square feet. The building contains 4 tenants use as office and warehouse.
The parcel at 5679 Horton Street is 7,936 square feet and used as access & parking. This property has a 9.0% undivided interest in the parcel
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Cap Rate
4.3%
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Building Size
7,950 sqft
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Lot Area
8,825 sqft
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Year Built
1945
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Zoning
Light Industrial
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Parking Spots
4
DESCRIPTION
- • Average Occupancy Rate: 100.0
- • Age: Over 50 Years Old
- • Lot Size: Under 1/2 Acre
- • Sewer: City
- • Water: City Water
