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Mandela Station - Building T1

Off-Market

1451 7th Street, Oakland, CA 94607

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  • Property Type Office - General Office
  • Property Size 212,145 SF
  • Lot Size 2.76 Acre
  • Parking Spaces Avail. 322
  • Parking Ratio 1.52/ 1,000 SF
  • LEED Proposed Certified Silver

Location

  • City Oakland, CA
  • Neighborhood Prescott
  • Zip Code 94607
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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
View more Oakland market trends

Tax

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Frequently Asked Questions

What is the total square footage of Mandela Station - Building T1?

Mandela Station - Building T1 totals 212,145 square feet.

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