Corner Manufacturing
New
For Sale
Contact for pricing
6520-6540 Central Ave, Newark, CA 94560
Corner property with heavy power, grade-level loading, and dock access for manufacturing operations.
Property Size21,148 SF
Price / SF$401.93
Days on Market6
Property Features for 6520-6540 Central Ave
General Information
Standard status
Active
Size
21,148 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Pleasanton
(925) 200-4687
Listed By:
Joe Yamin, SIOR · License #02020428
(925) 200-4687
Source:
Moodyscre
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 5:11PM
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 Colliers | Pleasanton
Investment Insights
Based on property information with market context.
This 21,148-square-foot manufacturing building occupies a corner site and is configured for industrial production and related operations. The facility provides 18' clear height, Two (2) Grade-Level Doors, One (1) Loading Dock, and heavy power. The property is leased to Silicon Valley Engineering and Iron Systems.
Located near Hwy 84, the property offers access to the Peninsula, Silicon Valley, and the greater Bay Area. Its combination of manufacturing-oriented infrastructure, loading features, and substantial electrical service supports a range of industrial requirements within an occupied building.
Located near Hwy 84, the property offers access to the Peninsula, Silicon Valley, and the greater Bay Area. Its combination of manufacturing-oriented infrastructure, loading features, and substantial electrical service supports a range of industrial requirements within an occupied building.
Key Highlights
- 21,148‑square‑foot manufacturing building on a corner site
- 18' Clear Height
- Two (2) Grade‑Level Doors
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
$296,918
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
3.49%
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%
$5,938,360
$5.9M
Cap Rate 7%
$4,241,686
$4.2M
Cap Rate 9%
$3,299,089
$3.3M
Market Conditions
NOI Build-Up for 21,148 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
$507.6K $24.00/SF
− Vacancy
−$50.8K −$2.40/SF
EGI
$456.8K $21.60/SF
− OpEx
−$159.9K −$7.56/SF
NOI
$296.9K $14.04/SF
Area
Alameda County, CA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
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%
$5,938,360
Cap Rate 7%
$4,241,686
Cap Rate 9%
$3,299,089
Alternative Uses
Best Use
Flex RnD
$4.24M
$3.71M – $4.95M
NOI $296,918 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$3.62M
$3.16M – $4.22M
NOI $253,142 @ 7.0% cap · market cap 2.98%
Theoretical Best
Retail
$96.41M
$84.36M – $112.48M
NOI $6,748,887 @ 7.0% cap · market cap 79.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 94560, CA
47,533
Population
15,897
Households
3
Avg Household Size
37
Median Age
47%
College-Educated
90%
High-School Grad
20.1 sq mi
ZIP Area
2,365
Density / Sq Mi
$164,909
Median Household Income
$73,859
Median Earnings
$2,730
Median Rent
$1,094,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Corner property with heavy power, grade-level loading, and dock access for manufacturing operations.
Where is this manufacturing property located?
The property is located at 6520-6540 Central Ave Newark, 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: 21,148‑square‑foot manufacturing building on a corner site; 18' Clear Height; Two (2) Grade‑Level Doors
