For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    San Leandro Flex Warehouse Building Title is generated by Realmo AI

    14333 Wicks Blvd, San Leandro, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Light industrial flex warehouse building for sale in San Leandro.

    Type:INDUSTRIAL
    Property size:
    25,600 SF
    Lot size:
    1.49 Acres
    Price / SF:
    $214/SF
    Added:
    Aug 16, 2023
    Days on Market:
    1046
    Last Refresh:
    May 20 at 8:18 pm

    Property Features for 14333 Wicks Blvd

    General Information

    Standard status
    Active
    Size
    25,600 SF
    Lot size
    1.49 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Contact an agent
    Chet Barney
    Chet Barney

    Listing office Colliers | Oakland

    Listing date Aug 16, 2023

    Source Moodyscre

    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

    HighLights

    • Warehouse Building For Sale
    • Light Industrial or Flex Space
    • Potentially divisible into 2 units
    • All Cash Buyers Only

    Overview

    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.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $491.5k $19.20
    − Vacancy −$31.9k −$1.25
    EGI $459.6k $17.95
    − OpEx −$68.9k −$2.69
    NOI $390.6k $15.26
    25,600 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $5.58M
    $4.88M – $6.51M (±1% cap)
    NOI $390,636 @ 7.0% cap · market cap 7.10%
    Second Best
    Flex RnD
    $5.13M
    $4.49M – $5.99M (±1% cap)
    NOI $359,424 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Retail
    $116.71M
    $102.12M – $136.16M (±1% cap)
    NOI $8,169,638 @ 7.0% cap · market cap 148.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cummins West Inc Recreation

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Leandro
    County
    Alameda
    State
    California
    Longitude
    -122.166
    Latitude
    37.698

    FAQs

    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
    (510) 986-6770 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message