$8,500,000
FOR SALEActive601 99 E 14th Street
San Leandro CA 94577
N/A
SF
Commercial
Type
1940
Built
N/A
Cost/SF
Listing Agent
Tonya Colton
DRE #: 01993057
Brokerage: Notable Real Estate
Land Details
Location Analysis
About This Property
601-699 East 14th Street represents a rare opportunity to acquire six contiguous commercial parcels along one of San Leandro's most established retail and office corridors. The offering totals approximately 26.150 square feet of rental building area on a combined footprint of roughly .90 acres with a blended list price of $8,500,000. The portfolio combines in-place income from a mix of long-standing retail and office tenants with meaningful near term upside: a couple suites are currently vacant or on month to month terms, giving a buyer the ability to reposition, re-lease at market, or pursue redevelopment under the parcel's downtown zoning while remaining leases continue to produce cash flow.
Property Information
Property Overview
Commercial
Property Type
Active
Status
Commercial
Zoning
0.88 acres
Lot Size
5.50%
Cap Rate
$260K
NOI
$20,476
Annual Tax
1,940
Year Built
50
Parking Total
Property Highlights
N/A Property
Prime Location with High Visibility
5.5% Cap Rate
Location Analysis
Zoning & Use
Parking & Access
Investment Metrics
5.50%
Cap Rate
$260,216
NOI
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