Freestanding Retail Building
For Sale
$850,000
6379 Mission St, Daly City, CA 94014
Freestanding retail building with prominent Mission Street frontage and efficient layout on a 2,243 SF parcel.
Property Size2,200 SF
Days on Market48
Property Features for 6379 Mission St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Net Operating Income
$46,404
Building Details
Building Size
2,200 SF
Listing Agency:
SVN | Pacific Commercial Advisors
Listed By:
Justin Wong · License #CalDRE #01974254
(510) 917-2022
Source:
Svn
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 4 at 4:53AM
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 SVN | Pacific Commercial Advisors
Investment Insights
Based on property information with market context.
6379 Mission Street is a freestanding retail building offered for sale as an owner-user or investor opportunity. The property will be delivered 100% vacant and includes an efficient layout intended for flexible small-bay use.
Located along Daly City’s highly active Mission Street corridor, the building benefits from prominent street frontage and visibility on a primary commercial artery. The surrounding area features a dense residential base with an established retail corridor.
Set on a 2,243 SF parcel, the property presents a straightforward footprint for occupiers looking for immediate control of the space after closing.
Located along Daly City’s highly active Mission Street corridor, the building benefits from prominent street frontage and visibility on a primary commercial artery. The surrounding area features a dense residential base with an established retail corridor.
Set on a 2,243 SF parcel, the property presents a straightforward footprint for occupiers looking for immediate control of the space after closing.
Key Highlights
- 2,200 SF freestanding retail building on Mission Street in Daly City
- 100% vacant at delivery, offering immediate occupancy and flexible use options
- Efficient layout with prominent street frontage along a highly active Mission Street corridor
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
$37,062
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
4.36%
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%
$741,240
$741.2K
Cap Rate 7%
$529,457
$529.5K
Cap Rate 9%
$411,800
$411.8K
Market Conditions
NOI Build-Up for 2,200 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
$55.4K $25.20/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$52.9K $24.07/SF
− OpEx
−$15.9K −$7.22/SF
NOI
$37.1K $16.85/SF
Area
Daly City, CA
Vacancy
4.50%
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%
$741,240
Cap Rate 7%
$529,457
Cap Rate 9%
$411,800
Alternative Uses
Best Use
Retail
$529.5K
$463.3K – $617.7K
NOI $37,062 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$968.6K
$847.5K – $1.13M
NOI $67,803 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,321
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 37%
Dining 6%
Apparel 2%
Lucky Supermarkets
Groceries
58,947 visits/mo
0.5 miles
AutoZone
Shops & Services
13,741 visits/mo
0.2 miles
7-Eleven
Shops & Services
12,057 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,276 visits/mo
0.1 miles
Round Table Pizza
Dining
3,566 visits/mo
0.2 miles
Demographics for 94014, CA
48,677
Population
15,643
Households
3.1
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
6.4 sq mi
ZIP Area
7,606
Density / Sq Mi
$115,513
Median Household Income
$49,144
Median Earnings
$2,089
Median Rent
$979,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with prominent Mission Street frontage and efficient layout on a 2,243 SF parcel.
Where is this retail space located?
The property is located at 6379 Mission St Daly City, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,200 SF freestanding retail building on Mission Street in Daly City; 100% vacant at delivery, offering immediate occupancy and flexible use options; Efficient layout with prominent street frontage along a highly active Mission Street corridor
