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6137 La Salle Ave
Oakland, CA 94611
Asking Price
$2.75M
Cap Rate
5.57%
Asset Type
Retail
Class
Class B
What's Special
Retail | 5.57% CAP | 4,500 SqFt <ul><li>Prime hard corner in the heart of Montclair Village</li><li>Absolute NNN lease</li><li>Approximate 50 year long tenant Coldwell Banker (Anywhere Real Estate Inc./NYSE:HOUS)</li><li>Newly executed 5 year lease extension</li><li>3% annual increases</li><li>New main roof with the metal roof in the process of being replaced</li></ul>
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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995
