Property Description

This vacant lot has a long-term lease on it that runs through November 30, 2060. The current rent is $2,567/month with 5% annual increases. The tenant has a sublease with a local cable/communications provider. Due to the zoning, buyers must check with the City of Alameda Planning Department for types of development or permitted uses. Lot: Approx. 7,000 sf

ESSENTIAL INFO

• Status: Active