San Leandro Flex Warehouse
14333 Wicks Blvd, San Leandro, CA
For Sale
Contact for pricing
Light industrial flex warehouse building for sale in San Leandro.
Property Size25,600 SF
Lot Size1.49 Acres
Price / SF$214.84
Days on Market1182
Property Features for 14333 Wicks Blvd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Colliers | Oakland
(510) 986-6770
Listed By:
Chet Barney · License #01111364
(510) 433-5811
Source:
Moodyscre
Added: Aug 16, 2023
Changed: Oct 26
Last Checked: Nov 8 at 8:14AM
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 Colliers | Oakland
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 25,600 square foot building in San Leandro, California, is available for sale. The property is suitable for light industrial, flex, and warehouse uses. The building may be divisible into two units. This property is for all-cash buyers only.
Key Highlights
- Warehouse Building For Sale
- Light Industrial or Flex Space
- Potentially divisible into 2 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$306,432
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,128,640
$6.1M
Cap Rate 7%
$4,377,600
$4.4M
Cap Rate 9%
$3,404,800
$3.4M
Market Conditions
NOI Build-Up for 25,600 SF
Gross rent
$460.8K $18.00/SF
− Vacancy
−$23.0K −$0.90/SF
EGI
$437.8K $17.10/SF
− OpEx
−$131.3K −$5.13/SF
NOI
$306.4K $11.97/SF
Area
Alameda County, CA
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,128,640
Cap Rate 7%
$4,377,600
Cap Rate 9%
$3,404,800
Alternative Uses
Best Use
Industrial
$4.38M
$3.83M – $5.11M
NOI $306,432 @ 7.0% cap · market cap 5.57%
Second Best
Warehouse
$4.11M
$3.60M – $4.80M
NOI $287,791 @ 7.0% cap · market cap 5.23%
Theoretical Best
Multifamily LT 5
$12.28M
$10.74M – $14.32M
NOI $859,268 @ 7.0% cap · market cap 15.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Alameda County, CA
Properties on Market for Flex space in Alameda County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- SARAPe´ — 1304 Purdue St, San Leandro, CA 94579
- Picnic Time Productions — 2096 burroughs ave, san leandro, ca 94577
- Queats Catering — 2045 W Ave 136th, San Leandro, CA 94577
- Curb Dogz — 14345 Acacia St, San Leandro, CA 94579
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial flex warehouse building for sale in San Leandro.
Where is this flex space located?
The property is located at 14333 Wicks Blvd San Leandro, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Warehouse Building For Sale; Light Industrial or Flex Space; Potentially divisible into 2 units
