700 University - 4th & U Restaurant — Lease in Berkeley, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Berkeley, CA 94710

Description

Commercial property listing from JLL. Property: 700 University - 4th & U Restaurant.

Market Context

This retail in Berkeley, CA is listed for lease. It has been on the market for 166 days. Compare it against other retail listings for lease in Berkeley, CA — view the full market.

As of Q1 2026, the Oakland / East Bay retail market showed average asking rents near $52.92/SF/yr, and cap rates around 7.2%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Oakland / East Bay?
About 7.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$3.75/SF/mo – $5.07/SF/mo

Mid: $4.41/SF/mo

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

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