Trophy Location with High Visibility Monument Signage

Best Buy Emeryville

Absolute NNN Lease


Offering Specifications

  • Price $28,255,000
  • CAP Rate 5.00%
  • Price/SF $627.88
  • Net Operating Income $1,412,748
  • Square Footage 45,000
  • Year Built 2002
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.


Brokerage team

Michael Cisternino

Founder & Managing Principal
Essential CRE

Nick Cole

Senior Investment Advisor
Essential CRE