Union City Multi-Tenant
For Sale
Contact for pricing
30540 Union City Blvd, Union City, CA
50,000 SF multi-tenant warehouse with freeway access.
Property Size50,000 SF
Lot Size2.02 Acres
Price / SF$250
Days on Market327
Property Features for 30540 Union City Blvd
General Information
Standard status
Active
Size
50,000 SF
Lot size
2.02 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Pleasanton
(925) 200-4687
Listed By:
Joe Yamin, SIOR
(925) 200-4687
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Aug 8
Last Checked: May 20 at 9:46PM
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 | Pleasanton
Investment Insights
Based on property information with market context.
This multi-tenant warehouse property offers approximately 50,000 square feet of space on approximately 2.22 acres. Constructed in 1964, the building features four suites and is equipped with a sprinkler system. The clear height is 16 feet. Each unit has grade-level loading access. The property is zoned ML, accommodating various uses (verification recommended). The building includes both executive and dispatch offices, HVAC offices, and a mezzanine. It also features 14x12 drive-in doors. There are 20 spans between pillars and a 120-foot depth. On-site management is available. Located 1.5 miles from I-880, the property provides excellent freeway access and a central location for servicing the Bay Area. It also offers access to a labor force.
Key Highlights
- Excellent freeway access, just 1.5 miles from I‑880
- ±50,000 SF multi‑tenant building on ±2.22 acres
- Grade‑level loading to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$762,960
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,259,200
$15.3M
Cap Rate 7%
$10,899,429
$10.9M
Cap Rate 9%
$8,477,333
$8.5M
Market Conditions
NOI Build-Up for 50,000 SF
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.
Gross rent
$960.0K $19.20/SF
− Vacancy
−$62.4K −$1.25/SF
EGI
$897.6K $17.95/SF
− OpEx
−$134.6K −$2.69/SF
NOI
$763.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,259,200
Cap Rate 7%
$10,899,429
Cap Rate 9%
$8,477,333
Alternative Uses
Best Use
Warehouse
$10.90M
$9.54M – $12.72M
NOI $762,960 @ 7.0% cap · market cap 6.10%
Second Best
Flex RnD
$10.03M
$8.78M – $11.70M
NOI $702,000 @ 7.0% cap · market cap 5.62%
Theoretical Best
Retail
$227.95M
$199.45M – $265.94M
NOI $15,956,325 @ 7.0% cap · market cap 127.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 50,000 SF multi-tenant warehouse with freeway access.
Where is this warehouse located?
The property is located at 30540 Union City Blvd Union City, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Excellent freeway access, just 1.5 miles from I‑880; ±50,000 SF multi‑tenant building on ±2.22 acres; Grade‑level loading to each unit
