Six-Parcel Retail Office
601 99 E 14th St San Leandro, CA 94577
New
For Sale
$8,500,000
Six contiguous retail and office parcels with mixed tenants, including vacant and month-to-month suites.
Property Size26,150 SF
Lot Size0.90 Acres
Price / SF$325.05
Days on Market3
Property Features for 601 99 E 14th St
General Information
- Standard status
- Active
- Size
- 26,150 SF
- Lot size
- 0.90 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing Agency:
(925) 819-2109
Listed By:
Raelene Sprague · License #00577360
(925) 819-2109
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 12:20PM
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 Raelene Sprague
Investment Insights
Based on property information with market context.
This offering includes six contiguous commercial parcels at 601–699 East 14th Street, providing a combined platform of retail and office space. The portfolio totals approximately 26,150 square feet of rental building area on a footprint of roughly 0.90 acres. Tenancy includes long-standing retail and office tenants, with certain suites currently vacant or on month-to-month terms.
The asset is positioned along an established San Leandro retail and office corridor. Bike, walk, and transit scores are reported as 36 (Somewhat Bikeable), 58 (Somewhat Walkable), and 47 (Some Transit), respectively.
For a buyer, the near-term composition offers both continuing in-place cash flow from occupied leases and flexibility for re-leasing of select suites, as well as potential redevelopment consideration under the parcel’s downtown zoning, while maintaining income from remaining tenants.
The asset is positioned along an established San Leandro retail and office corridor. Bike, walk, and transit scores are reported as 36 (Somewhat Bikeable), 58 (Somewhat Walkable), and 47 (Some Transit), respectively.
For a buyer, the near-term composition offers both continuing in-place cash flow from occupied leases and flexibility for re-leasing of select suites, as well as potential redevelopment consideration under the parcel’s downtown zoning, while maintaining income from remaining tenants.
Key Highlights
- Six contiguous commercial parcels on East 14th Street in San Leandro (601–699 E 14th St).
- Approx. 26,150 SF of rental building area across about 0.90 acres.
- Mixed retail and office tenancy, including some vacant and month‑to‑month suites.
Financial Insights For Mixed Use
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 | $941.4k | $36.00 |
| − Vacancy | −$94.1k | −$3.60 |
| EGI | $847.3k | $32.40 |
| − OpEx | −$317.7k | −$12.15 |
| NOI | $529.5k | $20.25 |
26,150 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$119.22M
$104.31M – $139.09M
NOI $8,345,158 @ 7.0% cap · market cap 98.18%
Second Best
Mixed Use
$7.56M
$6.62M – $8.83M
NOI $529,538 @ 7.0% cap · market cap 6.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Forty Plus Events ...
Corporate Office
VIP Studios
Nightclub
FAQs
What type of property is this?
Mixed-use property - Six contiguous retail and office parcels with mixed tenants, including vacant and month-to-month suites.
Where is this mixed-use property located?
The property is located at 601 99 E 14th St San Leandro, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Six contiguous commercial parcels on East 14th Street in San Leandro (601–699 E 14th St).; Approx. 26,150 SF of rental building area across about 0.90 acres.; Mixed retail and office tenancy, including some vacant and month‑to‑month suites.
