FOR SALE - Oakland Airport Hotel 8480 Edes Avenue | Oakland, CA OpportunityLocated In Zone An Off ered By: Tom Power EVP & Managing Partner [email protected] 415.908.4942 CA Lic. No. 01069665 SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 Property Information Disclaimer 8480 Edes Avenue | Oakland, CA Buyer understands and agrees, upon receipt of any and all documents and other information from Owner and Broker, that Owner and Broker do not warrant the accuracy of such materials, express or implied, but intends only to supply the Buyer with materials which are in Owner’s possession, to be reviewed and evaluated at Buyer’s discretion, including but not limited to any maps, diagrams or schematics, of the Property, including, without limitation: (i) the quality, nature, adequacy and physical condition and aspects of the Property, including but not limited to, elevations, structural elements, foundation, roof, appurtenances, access, landscaping, parking facilities and the electrical, mechanical, HVAC, plumbing, sewage and utility systems, facilities and appliances, if any; (ii) the quality, nature, adequacy and physical condition of the soils, geology and any groundwater; (iii) the existence, quality, nature, adequacy and physical condition of utilities serving the Property, if any; (iv) the development potential of the Property and the Property’s use, merchantability, or fi tness or the suitability, value or adequacy of the Property for any particular purpose; (v) the zoning or other legal status of the Property or any other public or private restrictions on use of the Property; (vi) the compliance of the Property or its operation with any applicable codes, laws, regulations, statutes, ordinances, covenants, conditions and restrictions of any governmental or quasi-governmental entity or of any other person or entity; (vii) the presence of hazardous materials on, under or about the Property or the adjoining or neighboring property; (viii) the quality of any labor and materials used in any improvements on the Property, if any; and (ix) the condition of title to the Property. Owner and Broker shall not be liable for Buyer’s reliance on the accuracy of the information contained in any such documents. Buyer shall rely on Buyer’s own due diligence on the Property prior to close of escrow. Owner is providing these documents for reference purposes only. It is Buyer’s sole responsibility to verify the veracity of the documents provided and confi rm the condition of the Property and any improvements thereon. Buyer expressly waives any and all claims against Owner and Broker for any cause of action arising from Buyer’s reliance on the documents and information provided by Owner. All information contained in the documents provided is confi dential, and shall not be disclosed by Buyer without the prior written consent of Owner. Notwithstanding the foregoing, Buyer may disclose information contained in the documents to Buyer’s attorneys, lenders, accountants or other advisors and consultants (“Authorized Third Parties”), provided such Authorized Third Parties are similarly advised of the documents’ confi dential nature. SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Property Summary & Off ering 8480 Edes Avenue | Oakland, CA 8480 Edes Avenue, Oakland, California, consists of a 285 room list of 55 international and domestic destinations. It’s the closest hotel. The property is located in the Oakland Airport sub-market, airport to the region’s top tourism and entertainment venues and just off Highway 880, with close proximity to the Oakland- the closest airport for most local residents. The Port of Oakland Alameda Coliseum complex. Nearby hotel properties include anticipates annual passenger traffi c at OAK should increase 12- Comfort Inn & Suites, Radisson Hotel, Quality Inn, La Quinta 20 percent to between 14 million and 15 million passengers by Inn, and Days Hotel. 2022. PROPERTY HIGHLIGHTS OAKLAND-ALAMEDA COLISEUM COMPLEX • Located In An Opportunity Zone The City of Oakland and the County of Alameda, who jointly own the 130-acre Coliseum Complex (OACC), are considering • Zoning: CR-1 (Regional Commercial) selling the site to the Oakland Athletics Baseball Club (A’s). The current plan is for the A’s to build a new baseball park adjacent • Land Area: 154,202 SF (3.54 acres) to the Bay closer to downtown Oakland. As part of that deal, the A’s may have the right to buy the OACC and redevelop the site • Building Area: 69,299 SF (2-level and 3-level) into housing, offi ce, retail and recreation. Negotiations between the A’s and the City/County are on-going. • 245 parking spaces OFFERING: • Adjacent to Highway 880 northbound exit to Hegenberger Road and Oakland Coliseum • Price: $28,000,000 • Three miles to Oakland International Airport • Flag Status: No Flag • Built in 1984 • No. of Rooms: 285 OAKLAND INTERNATIONAL AIRPORT • Price/Room: $98,246 Owned and operated by the Port of Oakland, Oakland • 2018 Occupancy: 63.3% International Airport (OAK) is California’s fourth largest airport, with more than 11 million passengers passing through its gates • PLEASE DO NOT DISTURB HOTEL EMPLOYEES every year. Today, 13 airlines offer nonstop service to a growing SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Aerial View 8480 Edes Avenue | Oakland, CA SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Trade Area Overview 8480 Edes Avenue | Oakland, CA SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Site Survey 8480 Edes Avenue | Oakland, CA SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Contact Information 8480 Edes Avenue | Oakland, CA DISCLAIMER This Off ering Memorandum has been prepared by SRS Real Estate Partners - Northwest, LP (SRS). The informa on contained herein was oba ned from sources deemed to be reliable. However, SRS makes no guarantees, warran es, or representa ons as to the completeness or accuracy thereof. Off ered By: Tom Power OAKLAND- EVP & Managing Partner | SRS Real Estate Partners ALAMEDA COLISEUM 415.908.4942 | [email protected] COMPLEX CA License No. 01069665 SRS Real Estate Partners - San Francisco 100 Pine Street, Suite 1550 San Francisco, CA 94111 SRSRE.COM/SFBAYAREA Oakland International Airport SRS Real Estate Partners | 100 Pine Street, Suite 1550 | San Francisco, CA 94111 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM.