Office Buildout & Sale Leaseback

1680 14th Street, Oakland, CA
Deal Type:
Sale Leaseback
Project Cost:
$9,011,691
Cap Rate:
7.10%
Current Rent:
$640,050
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4, 5-Year
Building Sq. Ft.:
18,825 SF
Rent Increases:
2.50% Annual
Site Size:
0.53 Acres
  • bitwise industries stream capital partners
  • bitwise industries stream capital partners
  • bitwise industries stream capital partners
  • bitwise industries stream capital partners

Investment Highlights

  • Planned renovation converting the current space into a brand new low-rise office
  • Long-term (15-year) absolute triple net lease with 2.5% annual escalations
  • Strong tenant financial profile with impressive near-term growth projections: Bitwise was recently valued at over $600M, up from $200M in 2021
  • Mission critical property with over $4 million of planned investment
  • Located in the heart of Oakland, with convenient access to I-80, I-580, I-880, I-980, and Oakland International Airport

Listing Agents

Dean Copans

Managing Director
650 465 3993
Dean@stream-cp.com

Krupa Shah

Managing Director
646 734 4188
Krupa@stream-cp.com
andy frazier stream capital partners

Andy Frazier

Vice President
773 301 3073
A.frazier@stream-cp.com

Broker of Record: Connor Shell, Lic. #02054664

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