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Grocery and Convenience Store Property
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2000 & 2006 San Pablo Ave, Berkeley, CA 94702

Retail property with prominent signage and on-site accessibility along a commercial corridor.

Property Size9,406 SF
Price / SF$583.88
Days on Market70

Property Features for 2000 & 2006 San Pablo Ave

General Information

Standard status Active
Size 9,406 SF
Property subtype Retail
Zoning Broad C-W

Building Details

Tenancy Multi
Listing Agency: Colliers International Walnut Creek
Listed By: Cherie Huillade · License #CA 00918839
Source: Crexi
Added: Aug 6 Changed: Oct 9 Last Checked: Oct 12 at 5:48PM

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 International Walnut Creek

Investment Insights

Based on property information with market context.

The property at 2000 & 2006 San Pablo Ave. comprises 9,406 square feet of retail space within Berkeley’s commercial corridor. The site includes prominent signage and on-site accessibility, with both pedestrian and vehicle traffic along San Pablo Avenue. Broad C-W zoning is identified for the property.

San Pablo Avenue provides access to Interstate 80, while downtown Berkeley and nearby residential neighborhoods are minutes away. The property is positioned within Berkeley, an East Bay city north of Oakland and near San Francisco, with the University of California, Berkeley supporting activity from students, faculty, and visitors. Surrounding commercial districts include restaurants, cafés, boutiques, and cultural venues.

Key Highlights

  • 9,406‑square‑foot retail property at 2000 & 2006 San Pablo Ave.
  • Broad C‑W zoning
  • Prominent signage along San Pablo Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$254,639
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,092,780 $5.1M
Cap Rate 7%
$3,637,700 $3.6M
Cap Rate 9%
$2,829,322 $2.8M
Market Conditions
NOI Build-Up for 9,406 SF
Gross rent
$361.2K $38.40/SF
− Vacancy
−$21.7K −$2.30/SF
EGI
$339.5K $36.10/SF
− OpEx
−$84.9K −$9.02/SF
NOI
$254.6K $27.07/SF
Area
Berkeley, CA
Vacancy
6.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,092,780
Cap Rate 7%
$3,637,700
Cap Rate 9%
$2,829,322

Alternative Uses

Best Use
Specialty Retail
$3.64M
$3.18M – $4.24M (±1% cap)
NOI $254,639 @ 7.0% cap · market cap 4.64%
Second Best
Retail
$3.13M
$2.74M – $3.65M (±1% cap)
NOI $219,254 @ 7.0% cap · market cap 3.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Amazon Locker - Hazel Postal Service 7-Eleven Grocery & Convenience Store KeyMe Locksmiths Locksmith Western Union Bank

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,421
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 27% Hotels & Casinos 7% Apparel 5%
Chevron Shops & Services
19,925 visits/mo 0.3 miles
Jack in the Box Dining
13,091 visits/mo 0.1 miles
Paper Source Shops & Services
9,105 visits/mo 0.5 miles
Valero Energy Shops & Services
8,484 visits/mo 0.3 miles
Shell Shops & Services
8,371 visits/mo 0.2 miles

Demographics for 94702, CA

17,637
Population
8,209
Households
2.1
Avg Household Size
39
Median Age
65%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
13,567
Density / Sq Mi
$99,135
Median Household Income
$66,516
Median Earnings
$1,974
Median Rent
$1,168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Franklin Bros. Market — 901 Bancroft Way, Berkeley, CA 94710
  • Bombay Spice House — 1036 University Ave, Berkeley, CA 94710
  • Mi Tierra Foods — 2082 San Pablo Ave, Berkeley, CA 94702
  • Target Grocery — 1414 University Ave, Berkeley, CA 94702

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail property with prominent signage and on-site accessibility along a commercial corridor.
Where is this grocery and convenience store located?
The property is located at 2000 & 2006 San Pablo Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $5,492,000.
What are key features of this property?
This property features: 9,406‑square‑foot retail property at 2000 & 2006 San Pablo Ave.; Broad C‑W zoning; Prominent signage along San Pablo Avenue
More about this property
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