Multi-Tenant Flex Warehouse
30540 Union City Blvd Union City, CA 94587
For Sale
Contact for pricing
Multi-tenant, sprinklered warehouse and flex facility with 16-foot clear height and grade-level loading to each unit.
Property Size50,000 SF
Lot Size2.22 Acres
Price / SF$250
Days on Market316
Property Features for 30540 Union City Blvd
General Information
Standard status
Active
Size
50,000 SF
Lot size
2.22 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: Jul 25
Last Checked: Jul 29 at 1:17PM
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 flex warehouse facility was built in 1964 and offers four suites. The building is sprinklered and includes 16-foot clear height. Each individual unit features approximately grade-level loading. Warehouse configuration includes 20-foot bay spacing between pillars with 120-foot depth, plus a mezzanine and HVAC-equipped offices. Select improvements include a 14x12 drive-in door, and the property is operated with on-site management.
Convenient freeway access is highlighted with proximity to I-880, approximately 1.5 miles away. The site is identified by parcel numbers 483-5-9-2 and 483-5-10, and zoning is listed as ML (please verify use). The building also includes executive and dispatch office space.
Convenient freeway access is highlighted with proximity to I-880, approximately 1.5 miles away. The site is identified by parcel numbers 483-5-9-2 and 483-5-10, and zoning is listed as ML (please verify use). The building also includes executive and dispatch office space.
Key Highlights
- Multi‑tenant industrial/flex facility with ±150,000 SF on 2.22 acres
- Four suites with 16’ clear height and sprinkler system
- Grade‑level loading to each individual unit plus 14x12 drive‑in door
Financial Insights For Office B
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 | $1.81M | $36.12 |
| − Vacancy | −$458.7k | −$9.17 |
| EGI | $1.35M | $26.95 |
| − OpEx | −$336.8k | −$6.74 |
| NOI | $1.01M | $20.21 |
50,000 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$14.44M
$12.63M – $16.84M
NOI $1,010,457 @ 7.0% cap · market cap 8.08%
Second Best
Warehouse
$10.90M
$9.54M – $12.72M
NOI $762,960 @ 7.0% cap · market cap 6.10%
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
Location Intelligence
Current Use
Similar Off Market Nearby
- Raja Sweets & Indian Cuisine — 31853 Alvarado Blvd, Union City, CA 94587
- Kabila — 29286 Union City Blvd, Union City, CA 94587
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant, sprinklered warehouse and flex facility with 16-foot clear height and grade-level loading to each unit.
Where is this flex space 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: Multi‑tenant industrial/flex facility with ±150,000 SF on 2.22 acres; Four suites with 16’ clear height and sprinkler system; Grade‑level loading to each individual unit plus 14x12 drive‑in door
