Listing Summary
Lee & Associates is pleased to exclusively present the sale of a newly constructed, single-tenant absolute NNN investment located at 1228 36th Avenue in Oakland, California.
Full Description
Discover a premier investment in Oakland’s vibrant Fruitvale district. 1228 36th Avenue is a 2026-built masterpiece designed for both social impact and financial performance. Currently operating as supportive housing for individuals facing mental health challenges, the property is backed by Oasis Living, a tenant with a robust referral network and 24/7 onsite management.
Investors benefit from 3% annual rent escalations and a strategic location near the Fruitvale BART station, surrounded by high-growth redevelopment projects. Whether you are looking for a reliable NNN asset or a residential play with condominium mapping already in place, this property provides a resilient, high-quality foothold in the thriving East Bay economy.
Property Quick Facts
| Feature |
Detail |
| Asset Type |
Single-Tenant Absolute NNN |
| Year Built |
2026 |
| Building Size |
17,158 SF (3 Stories) |
| Units |
Mapped for 13 Condominiums |
| Tenant |
Oasis Living |
| Lease Terms |
7 Years |
| Location |
2 Blocks to Fruitvale BART |
Quick Glance
- Listing ID:
CL-California-27322
- Status:
Active
- Year Build:
2026
- Building Size:
17,158 SqFt
- Lot Size:
0.26 Acre