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Alex Lin Investment Analyst O: 415.813.5871 M: 626.348.9192 [email protected] Randell Silva Investment Advisor O: 510.244.4667 M: 209.740.1251 [email protected] CalDRE #02064884 Kent Mitchell Senior Vice President O: 510.548.2554 M: 510.919.4919 [email protected] CalDRE #01784628 Tim Warren Vice President O: 510.336.4719 M: 707.363.2463 [email protected] CalDRE #02008347 Offering Memorandum 1501 San Pablo Ave Berkeley, CA 94702

Transcript of 1501 San Pablo Ave - Mitchell Warren

Page 1: 1501 San Pablo Ave - Mitchell Warren

Alex LinInvestment Analyst

O: 415.813.5871M: 626.348.9192

[email protected]

Randell SilvaInvestment Advisor

O: 510.244.4667M: 209.740.1251

[email protected] #02064884

Kent MitchellSenior Vice President

O: 510.548.2554M: 510.919.4919

[email protected] #01784628

Tim WarrenVice President

O: 510.336.4719M: 707.363.2463

[email protected] #02008347

OfferingMemorandum

1501 San Pablo AveBerkeley, CA 94702

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1501 San Pablo AveBerkeley, California 94702

The information contained in the following Investment Summary is proprietary and strictly confidential. It is

intended to be reviewed only by the party receiving it from NAI Northern California Investment Real Estate

Brokerage and should not be made available to any other person or entity without the written consent of Broker.

This Investment Summary has been prepared to provide summary, unverified information to prospective

purchasers, and to establish only a preliminary level of interest in the subject property. The information contained

herein is not a substitute for a thorough due diligence investigation. Broker has not made any investigation, and

makes no warranty or representation, with respect to the income or expenses for the subject property, the future

projected financial performance of the property, the size and square footage of the property and improvements,

the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal

regulations, the physical condition of improvements thereon, or the financial condition or business prospects of

any tenant, or any tenant’s plans or intentions to continue occupancy of the subject property.

The information contained in the Marketing Brochure has been obtained from sources we believe to be reliable;

however, Broker has not verified, and will not verify, any of the information contained herein, nor has Broker

conducted any investigation regarding these matters and makes no warranty or representation whatsoever

regarding the accuracy or completeness of the information provided. All potential purchasers must take

appropriate measures to verify all of the information set forth herein.

Tim WarrenO: 510 336 [email protected] CalDRE #02008347

Kent MitchellO: 510 548 [email protected] CalDRE #01784628

Randell SilvaO: 510 244 [email protected] CalDRE #02064884

Alex LinO: 415 813 [email protected]

For More Information:

Confidentiality & Disclosure

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Table of Contents

4 Section 1Property Information

8 Section 2Location Information

11 Section 3Demographics

Table Of Contents

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Section 1

PROPERTYINFORMATION

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Property OverviewThe Mitchell Warren Team is pleased to present 1501 San PabloAvenue, a +/- 2,000 SF single-tenant retail building located on thecorner of San Pablo Avenue and Jones Street. The retail space frontsdirectly on San Pablo Avenue offering great visibility on this high trafficcount major thoroughfare. At the rear of the building is a large roll-updoor offering convenient access and a fenced yard which can be usedas off-street parking or storage. Because of the premium locationsteps from North Berkeley BART, Whole Foods Market, and numerousother local restaurants and businesses, the property is an ideallocation for an owner/user or investment.

STATS POPULATION AVG. HHINCOME

1 MILE 25,371 $81,002

2 MILES 94,014 $83,756

3 MILES 195,509 $85,468

DEMOGRAPHICS

* Figures shown represent estimates

SALE PRICE: $960,000

PRICE/SF: $480

LOT SIZE: 3,007 SF

BUILDING SIZE: 2,000 SF

YEAR BUILT: 1951

ZONING: C-W

PARCEL NUMBER: 060-2395-017

Executive Summary

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Additional Photos

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Additional Photos

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Section 2

LOCATIONINFORMATION

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Location Maps

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Aerial Map

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Section 3

DEMOGRAPHICS

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* Demographic data derived from 2010 US Census

Population 1 Mile 2 Miles 3 MilesTOTAL POPULATION 25,371 94,014 195,509

MEDIAN AGE 38.9 37.5 36.4

MEDIAN AGE (MALE) 37.8 36.4 35.3

MEDIAN AGE (FEMALE) 40.0 39.0 37.8

Households & Income 1 Mile 2 Miles 3 MilesTOTAL HOUSEHOLDS 11,191 40,846 81,395

# OF PERSONS PER HH 2.3 2.3 2.4

AVERAGE HH INCOME $81,002 $83,756 $85,468

AVERAGE HOUSE VALUE $661,984 $711,836 $706,185

Ethnicity 1 Mile 2 Miles 3 Miles% HISPANIC 16.3% 12.0% 11.0%

Race 1 Mile 2 Miles 3 Miles% WHITE 65.1% 62.6% 60.9%

% BLACK 12.4% 11.3% 12.8%

% ASIAN 17.5% 22.5% 22.5%

% HAWAIIAN 0.1% 0.2% 0.3%

% INDIAN 0.1% 0.2% 0.2%

% OTHER 4.9% 3.5% 3.5%

Demographics Map

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* Demographic data derived from 2010 US Census

1 Mile 2 Miles 3 Miles

Total Households 11,191 40,846 81,395

Total Persons Per Hh 2.3 2.3 2.4

Average Hh Income $81,002 $83,756 $85,468

Average House Value $661,984 $711,836 $706,185

1 Mile 2 Miles 3 Miles

Total Population 25,371 94,014 195,509

Median Age 38.9 37.5 36.4

Median Age (Male) 37.8 36.4 35.3

Median Age (Female) 40.0 39.0 37.8

Demographics Report

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1501 San Pablo AveBerkeley, CA 94702

Alex LinInvestment Analyst

O: 415.813.5871M: 626.348.9192

[email protected]

Randell SilvaInvestment Advisor

O: 510.244.4667M: 209.740.1251

[email protected] #02064884

Kent MitchellSenior Vice President

O: 510.548.2554M: 510.919.4919

[email protected] #01784628

Tim WarrenVice President

O: 510.336.4719M: 707.363.2463

[email protected] #02008347