Flex Space with Kitchens and
For Sale
Contact for pricing
2600 Spring St, Redwood City, CA 94063
Flex space with fine-tuned R&D and an open polished warehouse, with restrooms and kitchens in every unit.
Property Size12,000 SF
Price / SF$812.50
Days on Market185
Property Features for 2600 Spring St
General Information
Standard status
Active
Size
12,000 SF
Property subtype
FLEX_R_AND_D
Amenities
Restrooms
Kitchens
Listing Agency:
JLL | Silicon Valley
(650) 480-2200
Listed By:
Joey Alftin · License #02090452
(650) 520-0324
Source:
Moodyscre
Added: Apr 29
Changed: Oct 25
Last Checked: Oct 28 at 6:17AM
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 JLL | Silicon Valley
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Investment Insights
Based on property information with market context.
This flex space includes fine-tuned R&D spaces and an open, polished warehouse layout. The property is configured so that all units have their own restrooms and kitchens, supporting a variety of office, lab, and light-warehouse uses. Total building size is approximately 12,000 square feet.
The property is located at 2600 Spring St in Redwood City, CA 94063. The current setup also offers a signage opportunity for tenant or business identification.
With flexible internal improvements designed around both R&D and warehouse-style space, this offering can be well-suited for users looking for a single footprint that supports multiple functional needs under one roof.
The property is located at 2600 Spring St in Redwood City, CA 94063. The current setup also offers a signage opportunity for tenant or business identification.
With flexible internal improvements designed around both R&D and warehouse-style space, this offering can be well-suited for users looking for a single footprint that supports multiple functional needs under one roof.
Key Highlights
- Approximately 12,000 square feet of flex space
- Fine‑tuned R&D spaces within the building
- Open, polished warehouse layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$667,222
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,344,440
$13.3M
Cap Rate 7%
$9,531,743
$9.5M
Cap Rate 9%
$7,413,578
$7.4M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$823.7K $68.64/SF
− Vacancy
−$38.7K −$3.23/SF
EGI
$785.0K $65.41/SF
− OpEx
−$117.7K −$9.81/SF
NOI
$667.2K $55.60/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,344,440
Cap Rate 7%
$9,531,743
Cap Rate 9%
$7,413,578
Alternative Uses
Best Use
Warehouse
$9.53M
$8.34M – $11.12M
NOI $667,222 @ 7.0% cap · market cap 6.84%
Second Best
Industrial
$7.85M
$6.87M – $9.16M
NOI $549,477 @ 7.0% cap · market cap 5.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,414
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- PigandPoppy, Personal Chef Catering — 95 Charter St, Redwood City, CA 94063
- Redwood Catering — 2684 Middlefield Rd # G, Redwood City, CA 94063
- Concierge Catering — 604 Fifth Ave A, B, Redwood City, CA 94063
- Capelo's Barbecue — 2655 Middlefield Rd, Redwood City, CA 94063
- CHARLIE PARKER PROVISIONS — 426 MacArthur Ave Suite 10, Redwood City, CA 94063
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with fine-tuned R&D and an open polished warehouse, with restrooms and kitchens in every unit.
Where is this flex space located?
The property is located at 2600 Spring St Redwood City, CA.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: Approximately 12,000 square feet of flex space; Fine‑tuned R&D spaces within the building; Open, polished warehouse layout
