Multi-Tenant Warehouse
For Sale
$2,750,000
14358-14386 Wicks Boulevard, San Leandro, CA 94577
Industrial warehouse property configured for multiple occupants and owner-user or investment consideration.
Property Size10,080 SF
Lot Size0.46 Acres
Price / SF$272.82
Days on Market73
Property Features for 14358-14386 Wicks Boulevard
General Information
Standard status
Active
Size
10,080 SF
Lot size
0.46 Acres
Property subtype
Industrial
Building Details
Building Size
10,080 SF
Tenancy
Multi
Listed By:
Craig Hagglund, SIOR · License #CalDRE #01090730
(510) 220-7688
Source:
Lee-associates
Added: Aug 2
Changed: Oct 11
Last Checked: Oct 12 at 5:25PM
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 Craig Hagglund, SIOR
Investment Insights
Based on property information with market context.
This multi-tenant warehouse property contains approximately 10,080± SF within a 0.46±-acre site. The building is positioned as an industrial asset with a configuration that can accommodate multiple occupants, while also offering potential relevance for an owner-user or investor.
Key Highlights
- 10,080± SF warehouse building
- Situated on 0.46± acres
- Multi‑tenant industrial configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,813
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,076,260
$3.1M
Cap Rate 7%
$2,197,329
$2.2M
Cap Rate 9%
$1,709,033
$1.7M
Market Conditions
NOI Build-Up for 10,080 SF
Gross rent
$193.5K $19.20/SF
− Vacancy
−$12.6K −$1.25/SF
EGI
$181.0K $17.95/SF
− OpEx
−$27.1K −$2.69/SF
NOI
$153.8K $15.26/SF
Area
Alameda County, CA
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,076,260
Cap Rate 7%
$2,197,329
Cap Rate 9%
$1,709,033
Alternative Uses
Best Use
Warehouse
$2.20M
$1.92M – $2.56M
NOI $153,813 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$45.95M
$40.21M – $53.61M
NOI $3,216,795 @ 7.0% cap · market cap 116.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94577, CA
48,868
Population
17,681
Households
2.8
Avg Household Size
41
Median Age
39%
College-Educated
86%
High-School Grad
8.1 sq mi
ZIP Area
6,033
Density / Sq Mi
$110,989
Median Household Income
$56,382
Median Earnings
$2,199
Median Rent
$824,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse property configured for multiple occupants and owner-user or investment consideration.
Where is this warehouse located?
The property is located at 14358-14386 Wicks Boulevard San Leandro, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10,080± SF warehouse building; Situated on 0.46± acres; Multi‑tenant industrial configuration
