Sales and Investment For Sale

The Kaiser Foundation Building

1451 Harbor Bay Pkwy  *

Alameda, CA Sales and Investment >> Alameda

  • Kaiser Foundation Health Plan - Fitch Ratings A+ 2013.
  • A tenant since 1997 via multiple renewals, Kaiser occupies 88% of the building - +/-75,489 SF out of +/-86,055 SF - until November 30, 2017.

1451 Harbor Bay Pkwy

  • Net Operating Income $1,346,034 Nov. 2013-Oct 2014
  • Building has been renovated with recent upgrades to HVAC system, Roof, Building Exterior
  • Year One cap rate: 7.03%
  • Projected Year Three cap rate 8.28%
 

Highlights

  • Square Ft.: 86,055
  • Sale Price : $19,159,000.00


* = This is not a Starboard listing, but we can represent you as your broker. Please contact us regarding this or any other property. Starboard will represent you locally, nationally or internationally.

Morton Rothman

Morton Rothman
(415) 765-6903
mort@starboardnet.com
BRE# 00852552

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