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