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519 17th Street

Mike Oz Of Oakland School For The Arts Signs Lease For 61306 Sf Office In Oakland
LEASEDOffice

Mike Oz Of Oakland School For The Arts Signs Lease For 61306 Sf Office In Oakland

519 17th Street

Building Size

61,306 SF

Asset Type

Office

Closing

Aug 12, 2025

AI

The office asset located at 519 17th Street in Oakland consists of 61,306 square feet. This property serves as an office space and is situated in downtown Oakland.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Tenant: Mike Oz
  • Tenant Type: Oakland School for the Arts (OSA)
  • Market: Oakland
  • New Lease Size: 61,306 sf

The Oakland School for the Arts, represented by Mike Oz, signed a lease at this location, expanding its facilities to support an arts-focused program for 800 students. The lease will enable the organization to provide additional classrooms and educational facilities within the city's central business district.

Players

Oakland Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93