Investment Overview

1101 University Avenue is a four-unit retail property totaling approximately 8,300 square feet located along University Avenue in Berkeley, California. The property offers a combination of long-term credit tenancy, in-place income, lease-up potential, and supplemental income from two cell towers. A national, credit-tenant has executed a new 10-year lease and is scheduled to take occupancy and commence rent in 2026. Upon rent commencement, the lease will provide stable, long-term income from a credit tenant national retailer. The property includes two vacant retail units, offering upside through lease-up at market rents. The vacancies provide flexibility in tenant selection and a path to increased net operating income through stabilization. In addition to retail tenancy, the property benefits from two AT&T cellular tower installations, which generate supplemental income and diversify the property’s revenue stream. 1101 University Avenue is situated along a primary commercial corridor serving Berkeley and the greater East Bay, with proximity to established residential neighborhoods, UC Berkeley, and public transportation. The property offers investors the opportunity to acquire a partially stabilized retail asset with future credit rent commencement, embedded lease-up upside, and multiple income sources in a supply-constrained Berkeley market.