Turn Key Office
For Sale
Contact for pricing
35465 Dumbarton Ct, Newark, CA 94560
Versatile office space suitable for various professional services.
Property Size3,087 SF
Price / SF$534.50
Days on Market161
Property Features for 35465 Dumbarton Ct
General Information
Standard status
Active
Size
3,087 SF
Total Parking Spaces
60
Property subtype
Industrial
Zoning
???
Building Details
Year Built
2004
Listing Agency:
Cal Real Estate and Loans
(510) 453-1561
Listed By:
Albert Valdez · License #00836948
Source:
Crexi
Added: Mar 7
Changed: Aug 8
Last Checked: Aug 8 at 3:22PM
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 Cal Real Estate and Loans
Investment Insights
Based on property information with market context.
This 3,087 square foot commercial property is suitable for use as a real estate office, medical office, day care center, or other service-type business. The property includes a lobby, conference room, kitchen area, and eight offices of varying sizes. Furniture and equipment are negotiable. Common area parking is available. The association dues cover exterior maintenance, roof maintenance, landscaping, garbage disposal, water, property management, and parking maintenance. The property is located close to 880 and the Dumbarton Bridge, with Challenger School situated across from the office.
Key Highlights
- Turnkey office space suitable for various service‑type businesses.
- Strategic location close to 880 and Dumbarton Bridge, providing easy access.
- Includes a lobby, conference room, kitchen area, and eight offices of varying sizes.
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
$62,386
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
3.78%
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%
$1,247,720
$1.2M
Cap Rate 7%
$891,229
$891.2K
Cap Rate 9%
$693,178
$693.2K
Market Conditions
NOI Build-Up for 3,087 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
$111.5K $36.12/SF
− Vacancy
−$28.3K −$9.17/SF
EGI
$83.2K $26.95/SF
− OpEx
−$20.8K −$6.74/SF
NOI
$62.4K $20.21/SF
Area
Alameda County, CA
Vacancy
25.40%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
25.00%
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%
$1,247,720
Cap Rate 7%
$891,229
Cap Rate 9%
$693,178
Alternative Uses
Best Use
Office B
$891.2K
$779.8K – $1.04M
NOI $62,386 @ 7.0% cap · market cap 3.78%
Second Best
Healthcare Medical
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 3.20%
Theoretical Best
Retail
$14.07M
$12.31M – $16.42M
NOI $985,144 @ 7.0% cap · market cap 59.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Explore this area
Business Placement
Demographics for 94560, CA
47,533
Population
15,897
Households
3
Avg Household Size
37
Median Age
47%
College-Educated
90%
High-School Grad
20.1 sq mi
ZIP Area
2,365
Density / Sq Mi
$164,909
Median Household Income
$73,859
Median Earnings
$2,730
Median Rent
$1,094,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Versatile office space suitable for various professional services.
Where is this office units located?
The property is located at 35465 Dumbarton Ct Newark, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Turnkey office space suitable for various service‑type businesses.; Strategic location close to 880 and Dumbarton Bridge, providing easy access.; Includes a lobby, conference room, kitchen area, and eight offices of varying sizes.
