$14,500,000
Chaparral Center Mixed-Use Asset for Sale | Old Town Temecula, CA ($14.5M)
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Soft OfferNewly Constructed | Single-Tenant Absolute NNN Investment | 3% Annual Increases
1228 36th Ave, Oakland, California 94601
$8,225,000
$479 / sq ft 7% cap rate Listed Jan 30, 2026
17,158 sqft
Building
0 acres
Lot
2026
Built
2
Stories
1
Units
About this property
Newly Constructed | Single-Tenant Absolute NNN Investment | 3% Annual Increases is an office space for sale in Oakland, California, listed at $8,225,000. Key details: year built 2026, building size 17,158 sqft, lot size 0 acres, stories 2. Listed by Ryan Bennett of NNN Investment Group on LoopingCloud and last updated October 20, 2026.
Discover a premier investment in Oakland’s vibrant Fruitvale district. 1228 36th Avenue is a 2026-built masterpiece designed for both social impact and financial performance. Currently operating as supportive housing for individuals facing mental health challenges, the property is backed by Oasis Living, a tenant with a robust referral network and 24/7 onsite management.
Investors benefit from 3% annual rent escalations and a strategic location near the Fruitvale BART station, surrounded by high-growth redevelopment projects. Whether you are looking for a reliable NNN asset or a residential play with condominium mapping already in place, this property provides a resilient, high-quality foothold in the thriving East Bay economy.
Property Quick Facts
| Feature | Detail |
| Asset Type | Single-Tenant Absolute NNN |
| Year Built | 2026 |
| Building Size | 17,158 SF (3 Stories) |
| Units | Mapped for 13 Condominiums |
| Tenant | Oasis Living |
| Lease Terms | 7 Years |
| Location | 2 Blocks to Fruitvale BART |
Key highlights
- Net Lease Investment
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2026
- Building Size
- 17,158 sqft
- Lot Size
- 0 acres
- Stories
- 2
- Total Units
- 1
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $576,000
- Financing
- Third Party Financing
- Investment Property
- Active investment property
- Business Available for Sale
- Yes
- Business Price Included
- Yes
Investment snapshot
7%
Cap rate
$576,000
Net operating income
$479
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $8,225,000 | 7% | - | - | - |
Features and amenities
Highlights
- Brand New 7-Year Absolute NNN Lease with 3.0% Annual Increases: Passive and Growing Income Stream with No Management Responsibilities
- Infill San Francisco Bay Area Transit-Oriented Location: a) 2 Blocks from Fruitvale BART Station; Convenient Commuter Access to Regional Employment Hubs (Silicon Valley, UC Berkeley, Downtown SF). b) Highly gentrified SF Bay Area Sub-Market in Immediate
- Dense/Infill Trade Area Demographics Consisting of Educated, Early Career Professionals with Strong Average Household Incomes: a) 3-Mile Population: 274,881 b) 3-Mile Average Household Income: $153,251 c) 3-Mile Daytime Population: 152,666
- Brand New Pride of Ownership 2026 Construction: a) Underlying 13-Unit Multi-Family Residential Improvements Already Condominium-Mapped b) Landlord Termination Option After Third Lease Year Allows an Investor Flexible Future Monetization Alternatives
- Located in 13th Largest MSA in the United States
Location
Address as shown by the lister.
Get directionsAbout this area - Oakland
- Population
- 54,857
- Housing units
- 15,584
- Land area
- 3.4 sq mi
- County
- Alameda
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
1 person to reach- Jonathan Selznick - jselznick@lee-assoc.comPrincipal-Lic:01323949 (CA),B.1001723.INDV(NV), (714) 307-2930
Frequently asked questions
What is the asking price of Newly Constructed | Single-Tenant Absolute NNN Investment | 3% Annual Increases?
Newly Constructed | Single-Tenant Absolute NNN Investment | 3% Annual Increases is listed at $8,225,000. That works out to about $479 per square foot. The stated cap rate is 7%.
Where is Newly Constructed | Single-Tenant Absolute NNN Investment | 3% Annual Increases located?
The property is in 1228 36th Ave, Oakland, California 94601, Alameda County.
What type of property is this?
This is an office space for sale in the commercial category.
How big is the property?
The building is 17,158 sqft. The lot is 0 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Ryan Bennett of NNN Investment Group listed this property. Use the Request Info button to send a message or call (760) 448-2449.
When was this listing published?
It was published on January 30, 2026 and last updated on October 20, 2026.
Listing information
- Listing ID
- CL-California-27322
- Published
- Jan 30, 2026
- Last updated
- Oct 20, 2026
- Views
- 158
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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