Best Buy Emeryville

Essential CRE is pleased to offer for purchase the 100% fee simple interest in a 45,000 +/- square foot freestanding Best Buy building located in Oakland- Emeryville, CA. This single-tenant property is leased to Best Buy under an Absolute NNN Lease. The tenant has two years remaining on the initial term and three, 5 Year options to renew and 3% rent increases at each option.  The subject property is located in the Easy Bay Bridge shopping center, a 438,000 square foot, grocery-anchored power center spanning two municipalities, Emeryville and Oakland. This shopping center is anchored by Target, The Home Depot, Pak ‘N Save Supermarket and many others.