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Flex Space with Kitchens and Restrooms
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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 Market94

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
Listed By: Beto Santana · License #02222480
Source: Moodyscre
Added: Apr 29 Changed: Jul 29 Last Checked: Jul 30 at 2:26PM

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

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.

Key Highlights

  • Approximately 12,000 square feet of flex space
  • Fine‑tuned R&D spaces within the building
  • Open, polished warehouse layout

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 $823.7k $68.64
− Vacancy −$38.7k −$3.23
EGI $785.0k $65.41
− OpEx −$117.7k −$9.81
NOI $667.2k $55.60
12,000 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$9.53M
$8.34M – $11.12M (±1% cap)
NOI $667,222 @ 7.0% cap · market cap 6.84%
Second Best
Industrial
$7.85M
$6.87M – $9.16M (±1% cap)
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.

Property Analytics

Current Use

Menlo Pilates & More Gym & Fitness Center

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Nursing Home Barber Shop Tattoo & Piercing Shop

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

3,375
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • 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
  • PigandPoppy, Personal Chef Catering — 95 Charter St, Redwood City, CA 94063
  • Redwood Catering — 2684 Middlefield Rd # G, 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
(650) 520-0324 Call to check price and availability
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