Six-Parcel Retail and Office
60199 E 14th Street San Leandro, CA 94577
New
For Sale
$8,500,000
Six contiguous parcels with a mix of retail and office space, including suites currently vacant or month-to-month.
Property Size26,129 SF
Lot Size0.90 Acres
Price / SF$325.31
Days on Market7
Property Features for 60199 E 14th Street
General Information
- Standard status
- Active
- Size
- 26,129 SF
- Lot size
- 0.90 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1940
Listing Agency:
(925) 819-2109
Listed By:
Notable Real Estate
(925) 819-2109
Source:
Xome
Added: Jul 18
Changed: Jul 24
Last Checked: Jul 24 at 5:05AM
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 Notable Real Estate
Investment Insights
Based on property information with market context.
601-699 East 14th Street in San Leandro offers a six-parcel commercial portfolio featuring a combination of retail and office space. The offering comprises six contiguous parcels and totals approximately 26,129 square feet of rental building area.
The portfolio includes in-place income from long-standing retail and office tenants. Several suites are currently vacant or on month-to-month terms, providing flexibility for a buyer looking to reposition and re-lease while maintaining ongoing cash flow from the remaining leased space.
Because the parcels are contiguous, the property can be approached as a single acquisition for consolidation, repositioning, or redevelopment planning, subject to applicable local requirements.
The portfolio includes in-place income from long-standing retail and office tenants. Several suites are currently vacant or on month-to-month terms, providing flexibility for a buyer looking to reposition and re-lease while maintaining ongoing cash flow from the remaining leased space.
Because the parcels are contiguous, the property can be approached as a single acquisition for consolidation, repositioning, or redevelopment planning, subject to applicable local requirements.
Key Highlights
- 601‑699 E 14th Street, San Leandro: six contiguous commercial parcels in the Central Business District (in city).
- Mix of retail and office space with suites currently vacant or on month‑to‑month terms.
- Approximately 26,150 SF of rental building area across a combined footprint of roughly 0.90 acres.
Financial Insights For Office B
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 | $943.8k | $36.12 |
| − Vacancy | −$239.7k | −$9.17 |
| EGI | $704.1k | $26.95 |
| − OpEx | −$176.0k | −$6.74 |
| NOI | $528.0k | $20.21 |
26,129 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$119.12M
$104.23M – $138.97M
NOI $8,338,456 @ 7.0% cap · market cap 98.10%
Second Best
Office B
$7.54M
$6.60M – $8.80M
NOI $528,045 @ 7.0% cap · market cap 6.21%
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
Retail space
FAQs
What type of property is this?
Retail space - Six contiguous parcels with a mix of retail and office space, including suites currently vacant or month-to-month.
Where is this retail space located?
The property is located at 60199 E 14th Street 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: 601‑699 E 14th Street, San Leandro: six contiguous commercial parcels in the Central Business District (in city).; Mix of retail and office space with suites currently vacant or on month‑to‑month terms.; Approximately 26,150 SF of rental building area across a combined footprint of roughly 0.90 acres.
