Redwood City Equipment Rental
For Sale
Contact for pricing
D St, Redwood City, CA 94063
Equipment rental and repair business serving the Mid-Peninsula since 1987.
Property Size3,300 SF
Price / SF$545.45
Days on Market1114
Property Features for D St
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Retail, Business for Sale
Occupancy
100%
Lease Type
Modified Gross
Building Details
Tenancy
Single
Listing Agency:
Realty One Group Infinity Campbell
(650) 714-6583
Listed By:
Albert Dalrymple · License #CA 01147023
Source:
Crexi
Added: Aug 5, 2023
Changed: Aug 8
Last Checked: Aug 21 at 3:56AM
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 Realty One Group Infinity Campbell
Investment Insights
Based on property information with market context.
This is a business sale only for an equipment rental and repair operation located in Redwood City, California, south of San Francisco. The business, Redwood Rental, has been providing equipment rental services to the Mid-Peninsula since 1987, serving contractors and other customers for over 36 years. The full-service rental yard caters to homeowners, independent contractors, landscapers, large general contractors, and building firms. The property size is 3300 square feet.
Key Highlights
- Established business since 1987 with a long‑standing reputation.
- Full‑service equipment rental yard catering to diverse clientele.
- Prime location in Redwood City, CA serving the Mid‑Peninsula.
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
$84,271
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
4.68%
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%
$1,685,420
$1.7M
Cap Rate 7%
$1,203,871
$1.2M
Cap Rate 9%
$936,344
$936.3K
Market Conditions
NOI Build-Up for 3,300 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
$126.3K $38.28/SF
− Vacancy
−$5.9K −$1.80/SF
EGI
$120.4K $36.48/SF
− OpEx
−$36.1K −$10.94/SF
NOI
$84.3K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /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%
$1,685,420
Cap Rate 7%
$1,203,871
Cap Rate 9%
$936,344
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $84,271 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.62M
$2.29M – $3.06M
NOI $183,486 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,564
Businesses Nearby
197k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 38%
Groceries 20%
Electronics 2%
Trader Joe's
Groceries
39,937 visits/mo
0.4 miles
Chick-fil-A
Dining
26,531 visits/mo
0.4 miles
ARCO
Shops & Services
17,821 visits/mo
0.4 miles
IHOP
Dining
11,476 visits/mo
0.5 miles
Circle K
Shops & Services
11,450 visits/mo
0.4 miles
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Equipment rental and repair business serving the Mid-Peninsula since 1987.
Where is this retail space located?
The property is located at D St Redwood City, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Established business since 1987 with a long‑standing reputation.; Full‑service equipment rental yard catering to diverse clientele.; Prime location in Redwood City, CA serving the Mid‑Peninsula.
