2000 Franklin Street, Oakland, CA

Property Type Office - General Office
Property Size 33,241 SF
Lot Size 1.15 Acre
Parking Spaces Avail. 36
Parking Ratio 1.10/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1967

Location

Map
Street

City Oakland, CA
Neighborhood Downtown Oakland
Zip Code 94612
Market Bay Area

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 28 Jan, 2016
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Oakland

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Oakland Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $59.26
2020 Office Vacancy Rate 16.63%
2020 Office Completions (SF) 690,292

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Tax

Property Tax in 2021-2022 $181,342
Market Value* $13,197,108
Assessed Value $13,197,108

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2000 Franklin Street?

2000 Franklin Street totals 33,241 square feet.

When was this property built?

2000 Franklin Street was built in 1967.

When was 2000 Franklin Street last sold?

2000 Franklin Street was last sold on 28 Jan, 2016.

What is the property tax for 2000 Franklin Street?

The property tax for 2000 Franklin Street in 2021-2022 was $181,342.

What is the market value for 2000 Franklin Street?

The market value* for 2000 Franklin Street in 2021-2022 was $13,197,108.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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2000 Franklin Street, Oakland, CA 94612 - Office Space

2000 Franklin Street is located at 2000 Franklin Street in the Downtown Oakland neighborhood, CA, Oakland, 94612. The Class B Office building was completed in 1967 and features a total of 33,241 SF.

There are 289 office spaces for lease in the Downtown Oakland neighborhood, totaling 2,686,801.61 SF of available office space. The office space availability for the 94612 zip code is 2,538,226.01 SF, in 310 office spaces. The average asking office rent per SF in Downtown Oakland is $46.12/SF/YR. For Class A office buildings the average office rate is $48.59/SF/YR, for Class B office buildings the average office rate is $46.88/SF/YR, for Class C office buildings the average office rate is $36.6/SF/YR.

In Downtown Oakland, there are 49 class B office buildings. In Downtown Oakland, there are a total of 19 LEED certified office buildings. In 1967, the same year 2000 Franklin Street was built, 1 more commercial property (office, industrial, retail) over 50,000 square feet was built in Oakland, featuring 411,764 square feet of commercial space. At zip code level, there are 54 commercial properties, of which 53 are office buildings over 50,000 square feet.

2000 Franklin Street