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Published on: Friday, January 30, 2026

Updated on: Wednesday, February 18, 2026

About the Lister

Name: Ryan Bennett

Company: NNN Investment Group

Office Phone: 760-448-2449

Cell Phone: 760-519-0240

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Newly Constructed | Single-Tenant Absolute NNN Investment

1228 36th Ave Oakland California , 94601

NNN Investment Group
Listing ID: CL-California-27322 Office Condo/Office

Purchase Option

Asking Price: $8,225,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): 7

Net Operating Income: $576,000.00

Quick Glance

Listing ID: CL-California-27322

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: N/A

Year Build: 2026

Building Size: 17,158.00 SqFt

Lot Size: 0.26 Acre

No of Stories: 2

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: No

Is Net Lease Investment: Yes

Property On Ground Lease: No

Building Status: Existing

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.

Complete Details

Year Build: 2026

Building Size: 17,158 SqFt.

No of Stories: 2

Total Lot Area: 0.26 Acre

No of Parking: N/A

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: Yes

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

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

Additional Properties

Property Highlights

Brand New 7-Year Absolute NNN Lease with 3.0% Annual Increases: Passive and Growing Income Stream with No Management Responsibilities
Infill San Francisco Bay Area Transit-Oriented Location: a) 2 Blocks from Fruitvale BART Station; Convenient Commuter Access to Regional Employment Hubs (Silicon Valley, UC Berkeley, Downtown SF). b) Highly gentrified SF Bay Area Sub-Market in Immediate
Dense/Infill Trade Area Demographics Consisting of Educated, Early Career Professionals with Strong Average Household Incomes: a) 3-Mile Population: 274,881 b) 3-Mile Average Household Income: $153,251 c) 3-Mile Daytime Population: 152,666
Brand New Pride of Ownership 2026 Construction: a) Underlying 13-Unit Multi-Family Residential Improvements Already Condominium-Mapped b) Landlord Termination Option After Third Lease Year Allows an Investor Flexible Future Monetization Alternatives
Located in 13th Largest MSA in the United States

Additional Links

Other: https://nnninvestmentgroup.com/property/1228-36th-ave/
Other: https://nnninvestmentgroup.com

Contacts

Principal-Lic:01323949 (CA),B.1001723.INDV(NV),: Jonathan Selznick - jselznick@lee-assoc.com, Phone: (714) 307-2930 ,

Listing Location

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