Freestanding Retail Building Near
For Sale
$750,000
4200 Foothill Blvd, Oakland, CA 94601
Five-unit retail building with high visibility and strong upside potential.
Property Size3,782 SF
Price / SF$198.31
Days on Market104
Property Features for 4200 Foothill Blvd
General Information
Standard status
Active
Size
3,782 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1930
Listing Agency:
Coast + Co Real Estate
(510) 521-0211
Listed By:
Ryan Dunn · License #01383592
(510) 521-0211
Source:
Exitrealty
Added: May 20
Changed: Aug 25
Last Checked: Aug 30 at 1:34PM
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 Coast + Co Real Estate
Investment Insights
Based on property information with market context.
This freestanding retail building features five units and is located on a high-visibility corner near the Fruitvale District. The property benefits from strong vehicle and foot traffic, street presence, convenient access, and exposure suitable for retail or service-oriented businesses. The current tenant mix includes two cafés, a hair salon/studio, and a bridal and flower shop. All tenants are on month-to-month leases. One corner unit is currently vacant and features high ceilings and visibility, suitable for a retail concept, café, showroom, studio, or business venture. Additional features include rear parking, street parking, and accessibility near Interstate 880, High Street, and Fruitvale BART. The property is located on the edge of the Fruitvale neighborhood in an active commercial corridor. The location has a bike score of 84, a walk score of 97, and a transit score of 74.
Key Highlights
- High visibility corner location in a heavily trafficked area near the Fruitvale District.
- Excellent Walk Score (97) and Transit Score (74) indicating convenient access and walkability.
- Freestanding 5‑unit retail building offering owner‑user or investment potential.
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
$61,711
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
8.23%
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%
$1,234,220
$1.2M
Cap Rate 7%
$881,586
$881.6K
Cap Rate 9%
$685,678
$685.7K
Market Conditions
NOI Build-Up for 3,782 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
$95.3K $25.20/SF
− Vacancy
−$7.1K −$1.89/SF
EGI
$88.2K $23.31/SF
− OpEx
−$26.4K −$6.99/SF
NOI
$61.7K $16.32/SF
Area
ZIP 94601
Vacancy
7.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,234,220
Cap Rate 7%
$881,586
Cap Rate 9%
$685,678
Alternative Uses
Best Use
Retail
$881.6K
$771.4K – $1.03M
NOI $61,711 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,911 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,744
Businesses Nearby
157k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Dining 16%
Shops & Services 15%
Apparel 6%
Cardenas Market
Groceries
57,933 visits/mo
0.2 miles
Smart & Final
Groceries
35,796 visits/mo
0.3 miles
Burger King
Dining
12,596 visits/mo
0.3 miles
Shell
Shops & Services
8,197 visits/mo
0.4 miles
WSS
Apparel
8,033 visits/mo
0.3 miles
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Market
Vacancy Rate% for Retail 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?
Storefront property - Five-unit retail building with high visibility and strong upside potential.
Where is this storefront property located?
The property is located at 4200 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High visibility corner location in a heavily trafficked area near the Fruitvale District.; Excellent Walk Score (97) and Transit Score (74) indicating convenient access and walkability.; Freestanding 5‑unit retail building offering owner‑user or investment potential.
