Oakland Retail Investment
For Sale
$1,288,000
5300 Foothill Boulevard, Oakland, CA 94601
5,350 SF building in Oakland, ideal for retail.
Property Size5,350 SF
Lot Size0.12 Acres
Price / SF$240.75
Days on Market218
Property Features for 5300 Foothill Boulevard
General Information
Standard status
Active
Size
5,350 SF
Lot size
0.12 Acres
Property subtype
Commercial
Amenities
Freeway Nearby
Listing Agency:
BRIAN A. MERRION, BROKER
(888) 832-7179
Listed By:
BRIAN MERRION · License #01940486
Source:
Corcoran
Added: Jan 23
Changed: Aug 26
Last Checked: Aug 29 at 7:20AM
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 BRIAN A. MERRION, BROKER
Investment Insights
Based on property information with market context.
Located at 5300-5308 Foothill Blvd, Oakland, CA, this property offers a 5,350 SF building divided into 2 units, suitable for retail or street retail ventures. It is zoned CN-3, providing versatility for various commercial uses. The property is situated in the KONO Neighborhood on Telegraph Avenue, an area known for arts and culture, especially its monthly First Friday events. Recent improvements include a replaced roof, two new ADA-compliant bathrooms, an updated facade, and new PGE service. The location is suitable for businesses aiming to maximize their potential through regular foot traffic and the area's reputation.
Key Highlights
- Prime location in the thriving KONO Neighborhood on Telegraph Avenue, Oakland, CA, a hotspot for arts and culture.
- 5,350 SF building divided into 2 units, offering flexibility for various retail or street retail ventures.
- Zoned CN‑3, allowing for a wide range of commercial uses.
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
$87,296
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
6.78%
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%
$1,745,920
$1.7M
Cap Rate 7%
$1,247,086
$1.2M
Cap Rate 9%
$969,956
$970.0K
Market Conditions
NOI Build-Up for 5,350 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
$134.8K $25.20/SF
− Vacancy
−$10.1K −$1.89/SF
EGI
$124.7K $23.31/SF
− OpEx
−$37.4K −$6.99/SF
NOI
$87.3K $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%
$1,745,920
Cap Rate 7%
$1,247,086
Cap Rate 9%
$969,956
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.45M
NOI $87,296 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,650 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Electronics 28%
Apparel 21%
U-Haul of Oakland
Shops & Services
4,165 visits/mo
0.4 miles
Cricket Wireless Authorized Retailer
Electronics
2,271 visits/mo
0.5 miles
Melrose
Apparel
1,726 visits/mo
0.4 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.
Frequently Asked Questions
What type of property is this?
Retail space - 5,350 SF building in Oakland, ideal for retail.
Where is this retail space located?
The property is located at 5300 Foothill Boulevard Oakland, CA.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Prime location in the thriving KONO Neighborhood on Telegraph Avenue, Oakland, CA, a hotspot for arts and culture.; 5,350 SF building divided into 2 units, offering flexibility for various retail or street retail ventures.; Zoned CN‑3, allowing for a wide range of commercial uses.
