Lake Merritt Tower

Off Market

155 Grand Avenue, Oakland, CA 94612

  • Office
  • General Office
  • 204,336 Sqft

Lake Merritt Tower, Oakland, CA 94612 - Office Space

Lake Merritt Tower is located at 155 Grand Avenue in the Downtown Oakland neighborhood, CA, Oakland, 94612. The Class B Office building was completed in 1990 and features a total of 204,336 Sqft.

There are 266 office spaces for lease in the Downtown Oakland neighborhood, totaling 3,766,047 Sqft of available office space. The office space availability for the 94612 zip code is 3,605,945.4 Sqft, in 279 office spaces. The average asking office rent per sq. ft. in Downtown Oakland is $44.92/sqft/year. For Class A office buildings the average office rate is $50.35/sqft/year, for Class B office buildings the average office rate is $41.69/sqft/year, for Class C office buildings the average office rate is $39.6/sqft/year.

In Downtown Oakland, there are 41 class B office buildings. In Downtown Oakland, there are a total of 17 LEED certified office buildings. In 1990, the same year Lake Merritt Tower was built, 57 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Oakland, featuring 1,002,638 square feet of commercial space. At zip code level, there are 56 commercial properties, of which 55 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Oakland
  • Neighborhood Downtown Oakland
  • Zip Code 94612
  • Market Bay Area
  • Property Type Office - General Office
  • Property Size 204,336 Sqft
  • Lot Size 1.58 Acre
  • Parking Spaces Avail. 222
  • Parking Ratio 1.09/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Gold
  • Building Class B
  • Year Built 1990
  • Date Updated 07 Apr, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Lake Merritt Tower?

Lake Merritt Tower totals 204,336 square feet.

When was this property built?

Lake Merritt Tower was built in 1990.

Downtown Oakland Demographics

The average household income in zip code 94612 is $84,797, from a total of 8,788 households. In terms of employment, there are 90.92 % white-collar and 9.08 % blue-collar jobs in zip code 94612.

Population

  • Total Population4,639
  • Male Population(52.8 %) 2,448
  • Female Population(47.2 %) 2,191
  • Median Age37.00

Income/Financial

  • Average Household Income$81,746
  • Median Household Income$50,578
  • Median Income Under 25$84,872
  • Median Income 25-44$83,189
  • Median Income 45-64$43,164
  • Median Income Over 65$17,419