Single tenant Investment Opportunity - Office/Industrial Condo

2189 Harbor Bay Parkway Alameda, CA 94502

Property Type:
Last Verified:
Dec 21, 2020


  • Single tenant
  • One year rent received in advance
  • 4.62% Cap Rate
  • Built in 2005
  • Updated finishes
  • 2.5 miles to Oakland International Airport
  • 0.9 mile to Harbor Bay Ferry


2189 Harbor Bay Pkwy is a R&D Office/Industrial condo approximately +/-3,248sf. The property consists of a front lobby, mezzanine, and a large open space. Located on Harbor Bay Island with San Francisco city views, local parks, trails, and amenities. Oakland International airport sits just 2.5 miles away and 0.9 mile from the Harbor Bay Ferry.

Single tenant with a three year lease term yielding a cap rate of 4.62%.

This Office/Industrial Condo is located on Harbor Bay Island of Alameda, California. The property sits just 2.8 miles from the Oakland International Airport and 0.9 miles to the Harbor Bay Ferry service to the San Francisco Ferry Building. AC Transit offers local bus service in addition to express commuter "Transbay" service to the Transbay Terminal in Downtown San Francisco. Harbor Bay Parkway loops around the island to a 36-hole Chuck Corica Golf Complex, office and retail complexes, and several housing developments. The property is conveniently located near grocery store Safeway, retail shops, restaurants, and a gym. There are trails of lagoons and community parks including Shoreline Park, which offers stunning views of the San Francisco City Skyline and surrounding bay.

Year Built: 2005
Building Size: 3248.0sq ft
Lot Size: 0.0 acres

Map of 2189 Harbor Bay Parkway, Alameda, CA, 94502

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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