Flex Space with Office
For Sale
$965,000
5380 Gateway Plaza, Benicia, CA 94510
Professional office and warehouse configuration with freeway access, signage exposure, and additional storage capacity.
Property Size3,792 SF
Price / SF$254.48
Days on Market47
Property Features for 5380 Gateway Plaza
General Information
Standard status
Active
Size
3,792 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
Central air
Central Cooling
Central Heating
Concrete Slab Flooring
Building Details
Year Built
2002
Listing Agency:
TWIN OAKS REAL ESTATE INC
7468700
Listed By:
TERRIN KELLY
(707) 689-1089
Source:
Corcoran
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 24 at 4:49PM
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 TWIN OAKS REAL ESTATE INC
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Investment Insights
Based on property information with market context.
This 3,792-square-foot flex property combines a professional office layout with warehouse and storage areas. The interior includes three private offices, a conference room, reception and lobby areas, a dedicated printer/copy room, kitchen, restroom, warehouse space, and additional storage. Built in 2002, the property also includes a permitted second-story area for storage; improvements in that area have not received final approval and it is not represented as finished or occupiable office space.
Located at 5380 Gateway Plaza in Benicia, the property offers immediate access to I-680. The building and signage are visible to passing traffic, providing a practical combination of office functionality, warehouse capacity, storage, and freeway connectivity for an owner-user or investor.
Located at 5380 Gateway Plaza in Benicia, the property offers immediate access to I-680. The building and signage are visible to passing traffic, providing a practical combination of office functionality, warehouse capacity, storage, and freeway connectivity for an owner-user or investor.
Key Highlights
- 3,792 SF flex property built in 2002
- Three private offices, conference room, reception and lobby areas
- Warehouse space, kitchen, restroom, printer/copy room, and additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,110
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,200
$1.2M
Cap Rate 7%
$887,286
$887.3K
Cap Rate 9%
$690,111
$690.1K
Market Conditions
NOI Build-Up for 3,792 SF
Gross rent
$104.7K $27.60/SF
− Vacancy
−$9.1K −$2.40/SF
EGI
$95.6K $25.20/SF
− OpEx
−$33.4K −$8.82/SF
NOI
$62.1K $16.38/SF
Area
Solano County, CA
Vacancy
8.70%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,200
Cap Rate 7%
$887,286
Cap Rate 9%
$690,111
Alternative Uses
Best Use
Flex RnD
$887.3K
$776.4K – $1.04M
NOI $62,110 @ 7.0% cap · market cap 6.44%
Second Best
Warehouse
$652.3K
$570.7K – $761.0K
NOI $45,659 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,576 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94510, CA
27,174
Population
11,463
Households
2.4
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
931
Density / Sq Mi
$125,222
Median Household Income
$70,569
Median Earnings
$2,234
Median Rent
$778,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Professional office and warehouse configuration with freeway access, signage exposure, and additional storage capacity.
Where is this flex space located?
The property is located at 5380 Gateway Plaza Benicia, CA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 3,792 SF flex property built in 2002; Three private offices, conference room, reception and lobby areas; Warehouse space, kitchen, restroom, printer/copy room, and additional storage
