Property Overview: A Prime Oakland Location
1000 Broadway, Oakland, offers a compelling proposition for businesses seeking prime office space. Situated in the heart of downtown Oakland, this property enjoys unparalleled accessibility and a wealth of amenities. Its proximity to the 12th Street/City Center BART station ensures seamless public transportation access, while its convenient location near freeways (880, 580, and 980) provides easy vehicular access. Numerous AC Transit routes further enhance accessibility for employees and clients alike. With over 140 restaurants within walking distance, lunch breaks and client meetings become effortlessly convenient.
Is this truly the most convenient location for your business needs? The proximity to public transportation and major freeways certainly suggests so.
The building itself features modern amenities, including ample parking (360 spaces across two underground levels) and a range of suite sizes to accommodate businesses of all scales. Many suites offer added features such as built-in conference rooms, break rooms, and private outdoor decks. The building is Energy Star certified, attractive to environmentally conscious companies.
Suite Availability and Specifications
1000 Broadway caters to a broad spectrum of business needs, providing office suites ranging from compact spaces under 600 square feet to expansive, full-floor suites exceeding 64,000 square feet. This wide range of options ensures a suitable space is available for businesses of all sizes and configurations, from small startups to large corporations. The adaptable layouts allow for efficient space utilization and customization.
While specific pricing and lease terms are not included in this overview, prospective tenants should contact the property management team to discuss these details.
Financial Considerations: Parking and Beyond
Parking at 1000 Broadway is available at a rate of $2.00 per 15 minutes, with a daily maximum of $24.00. This cost represents a significant expense and should be incorporated into your budgetary considerations. However, the ease of access to public transit may offset some of this cost for businesses prioritizing commuting efficiency. It's essential to carefully assess the transportation preferences of your team to determine the overall financial impact. Beyond parking, additional expenses like build-out costs, utilities, and potential additional services must also be factored into your overall financial planning. A thorough assessment of all associated costs is crucial before making a leasing decision.
What are the hidden costs associated with this prime location? A detailed breakdown of utility charges and potential build-out requirements are necessary for accurate financial planning.
Market Analysis: Location's Premium
While a comprehensive market analysis requires extensive research beyond this overview, 1000 Broadway's strategic location and features position it highly competitively among similar properties in Oakland. Its proximity to major transportation hubs and employment centers is a key differentiator, along with its Energy Star certification. These factors create a strong value proposition.
Are comparable buildings in downtown Oakland offering similar amenities and transportation advantages? Direct comparison with competing properties necessitates further research.
Strengths and Weaknesses Summary
| Strengths | Weaknesses |
|---|---|
| Excellent location & accessibility | High parking costs |
| Diverse suite sizes & configurations | Detailed pricing & lease terms require inquiry |
| Energy Star certified; sustainable design | Requires thorough financial planning |
| Abundant amenities |
Conclusion: Your Next Office Awaits
1000 Broadway offers a compelling blend of convenience, flexibility, and modern amenities. However, prospective tenants should conduct thorough financial due diligence, focusing on parking costs and lease terms, before making a decision. Contacting the property management team is vital to secure detailed information and discuss your specific needs. The next step is clear: initiating contact with property management for a tailored consultation.
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