Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Solano and Irwin 2 biens | Bureau | À vendre | 10 312 916 € | Localisations multiples
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Invest in a 100% occupied two-property portfolio and tap into 34% rent growth upside potential and recent capital improvements
- Positioned for growth, both assets have newly modernized turnkey suites and common areas, recent capital improvements, and stabilized occupancy
- 851 Irwin Street is a 29,923 SF three-story office building with professional offices, community organizations, and creative users as tenants, ideally
- The Solano Professional Building is an 18,819 SF three-story mixed-use asset with 19 office suites and diversified professional tenancy
- Spread across walkable and vibrant Bay Area urban neighborhoods with easy connections to transit, commuting routes, and amenities — including a Walker
Résumé analytique
NAI NorCal is pleased to exclusively offer the opportunity to acquire a two-property office portfolio strategically located across the San Francisco Bay Area's most dynamic submarkets. This fully stabilized, 100% occupied portfolio totaling ±48,742 square feet and 59 units represents a rare opportunity to acquire institutional-quality assets in Berkeley and San Rafael — two of the region's most sought-after office markets.
The portfolio has been substantially upgraded under current ownership with comprehensive capital improvement programs completed across both properties, including HVAC modernization, interior renovations, security enhancements, and building system upgrades. These recent investments have positioned the portfolio for continued strong performance with minimal near-term capital requirements while creating significant rent growth upside as leases roll in each market.
Each property benefits from exceptional location fundamentals: the Solano Avenue asset sits in Berkeley Hills' historic main thoroughfare with a Walker's Paradise Score of 94/100; and the Irwin Street building provides unmatched regional connectivity adjacent to Highway 101 and the San Rafael Transit Center.
With current in-place rents averaging $3.21/SF/month — well below the market rate of $4.30/SF/month — diversified professional tenancy across 59 units, and 100% occupancy, this turnkey investment opportunity offers investors immediate cash flow stability combined with substantial 34% rent growth upside through strategic lease management and operational efficiency.
The portfolio has been substantially upgraded under current ownership with comprehensive capital improvement programs completed across both properties, including HVAC modernization, interior renovations, security enhancements, and building system upgrades. These recent investments have positioned the portfolio for continued strong performance with minimal near-term capital requirements while creating significant rent growth upside as leases roll in each market.
Each property benefits from exceptional location fundamentals: the Solano Avenue asset sits in Berkeley Hills' historic main thoroughfare with a Walker's Paradise Score of 94/100; and the Irwin Street building provides unmatched regional connectivity adjacent to Highway 101 and the San Rafael Transit Center.
With current in-place rents averaging $3.21/SF/month — well below the market rate of $4.30/SF/month — diversified professional tenancy across 59 units, and 100% occupancy, this turnkey investment opportunity offers investors immediate cash flow stability combined with substantial 34% rent growth upside through strategic lease management and operational efficiency.
Informations sur l’immeuble
| Prix | 10 312 916 € | Nb de biens | 2 |
| Prix/m² | 2 511 € / m² | Individuellement en vente | 2 |
| Taux de capitalisation | 7,84 % | Surface totale de l’immeuble | 4 108 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,36 ha |
| Statut | Actif |
| Prix | 10 312 916 € |
| Prix/m² | 2 511 € / m² |
| Taux de capitalisation | 7,84 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 2 |
| Surface totale de l’immeuble | 4 108 m² |
| Surface totale du terrain | 0,36 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Solano Professional Building
1758-1760 Solano Ave, Berkeley, CA 94707 |
Bureau | 1 532 m² | 1966 | 4 733 247 € |
| 851 Irwin St, San Rafael, CA 94901 | Bureau | 2 576 m² | 1982 | 5 579 669 € |
1 1
1 sur 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Solano and Irwin
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.