Multi-Tenant Auto Repair
For Sale
$3,262,500
6009-6017 International Blvd, Oakland, CA 94621
Multi-tenant auto repair facility currently operating as an auto body, collision, and glass center.
Property Size14,500 SF
Price / SF$225
Days on Market178
Property Features for 6009-6017 International Blvd
General Information
Standard status
Active
Size
14,500 SF
Property subtype
Retail Automotive
Additional Details
Highway Access
Yes
Building Details
Building Size
14,500 SF
Year Built
1945
Tenancy
Multi
Listing Agency:
SEAN DINH, BROKER
(510) 846-4649
Listed By:
Sean Dinh · License #CalDRE #01839424
Source:
Svn
Added: Mar 7
Changed: Aug 25
Last Checked: Aug 31 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SEAN DINH, BROKER
Investment Insights
Based on property information with market context.
SVN | Capital West Partners, as the exclusive advisor, is pleased to present for sale 6009-6017 International Blvd in Oakland, California. The property is a multi-tenant auto repair facility totaling approximately 14,500 square feet and is currently operating as an auto body/collision and glass center. Its flexible layout supports automotive uses and garage operations, with in-place income at the time of sale.
Located along International Blvd, the site offers convenient access to Highways 880 and 580 and benefits from visibility and connectivity to major transportation routes. The property also offers favorable zoning that allows for Commercial, Office, and Residential (mixed-use) development, creating optionality for future multi-story redevelopment.
For owner-users and investors, the combination of an operating automotive facility, versatile configuration, and redevelopment potential makes this property well-suited to automotive-focused businesses or adaptive reuse considerations.
Located along International Blvd, the site offers convenient access to Highways 880 and 580 and benefits from visibility and connectivity to major transportation routes. The property also offers favorable zoning that allows for Commercial, Office, and Residential (mixed-use) development, creating optionality for future multi-story redevelopment.
For owner-users and investors, the combination of an operating automotive facility, versatile configuration, and redevelopment potential makes this property well-suited to automotive-focused businesses or adaptive reuse considerations.
Key Highlights
- 14,500 SF multi‑tenant automotive facility currently operating as an auto body/collision and glass center
- Year built: 1945
- Multi‑tenant layout with in‑place operating income and flexible space for automotive or garage uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$281,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,622,880
$5.6M
Cap Rate 7%
$4,016,343
$4.0M
Cap Rate 9%
$3,123,822
$3.1M
Market Conditions
NOI Build-Up for 14,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$424.6K $29.28/SF
− Vacancy
−$22.9K −$1.58/SF
EGI
$401.6K $27.70/SF
− OpEx
−$120.5K −$8.31/SF
NOI
$281.1K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,622,880
Cap Rate 7%
$4,016,343
Cap Rate 9%
$3,123,822
Alternative Uses
Best Use
Retail
$4.02M
$3.51M – $4.69M
NOI $281,144 @ 7.0% cap · market cap 8.62%
Second Best
Industrial
$2.53M
$2.22M – $2.96M
NOI $177,394 @ 7.0% cap · market cap 5.44%
Theoretical Best
Multifamily LT 5
$4.75M
$4.15M – $5.54M
NOI $332,308 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
30k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 16%
Electronics 12%
Home Improvements & Furnishings 8%
McDonald's
Dining
16,522 visits/mo
0.2 miles
U-Haul of Oakland
Shops & Services
4,165 visits/mo
0.4 miles
Little Caesars Pizza
Dining
2,589 visits/mo
0.3 miles
True Value
Home Improvements & Furnishings
2,477 visits/mo
0.4 miles
Cricket Wireless Authorized Retailer
Electronics
2,271 visits/mo
0.1 miles
Demographics for 94621, CA
35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Wheels America — 525 66th Ave, Oakland, CA 94621
- Junebug’s Towing & Recovery — 1047 77th Ave, Oakland, CA 94605
- National Auto Parts — 6201 Coliseum Wy G, Oakland, CA 94621
- Auto Plus Towing & Auto Body — 733 Kevin Ct, Oakland, CA 94621
- P-Line Automotive Glass — 1207 73rd Ave, Oakland, CA 94621
Frequently Asked Questions
What type of property is this?
Auto shop - Multi-tenant auto repair facility currently operating as an auto body, collision, and glass center.
Where is this auto shop located?
The property is located at 6009-6017 International Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $3,262,500.
What are key features of this property?
This property features: 14,500 SF multi‑tenant automotive facility currently operating as an auto body/collision and glass center; Year built: 1945; Multi‑tenant layout with in‑place operating income and flexible space for automotive or garage uses
