Office

Office in Berkeley, CA

2023 eighth street, berkeley, CA 94710

Price

Price on request

Price/Sq Ft

$2.50

Description

•±4,966 SF including ±970 SF 2nd Floor Office
•Recent Food Production Use
•1 DI Door
•4 Parking Stalls
•Conditioned Food Production Improvements with Drains
•Available January 1, 2021
•Outstanding Freeway Access
•Asking Rent: $1.30 NNN
•Occupied. Please Call for Touring Appointments

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

2023 eighth street, berkeley, CA 94710

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Oakland / East Bay office market showed average asking rents near $5.00/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence

Projected asking rent

$15.60–$16.77/SF/yr

Estimated sale value

$105–$147/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 multiple brokerages data (cap rate 6.8%, asking rent trend-adjusted to today).

View the full Oakland / East Bay Office market report →

Compare it against other office listings for lease in Berkeley, CA to benchmark pricing and space — view the full market.

Unified Estimate

Medium Confidence

$1.14/SF/mo-$1.54/SF/mo

Mid: $1.34/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.