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Property profile & analytics
OFF-MARKET
Lifestyle centers

1201 Marina Blvd San Leandro, CA 94577

167,254 SF 13.73 ac lot Built 1991
Property ID
Property summary
AI-generated overview

This exceptional Class A, 167,254 square foot shopping center in San Leandro, CA presents a compelling core+ investment opportunity. Boasting a 99% occupancy rate and a robust NOI of $6,129,169, the property features five single-story buildings situated on 13.73 acres. Built in 1991 and renovated in 2017, the center benefits from a triple-net (NNN) lease structure and a multi-tenant occupancy. The property is anchored by national credit tenants including Nordstrom Rack, Marshalls, Nike, GAP Factory Store, and Skechers, complemented by a strong lineup of food and beverage establishments such as Starbucks, Pieology, Panda Express, and Five Guys. Placer.ai data ranks Marina Square in the 92nd percentile nationally and 89th percentile in California for community shopping centers, reflecting its high-performing tenancy with an average of $635 per square foot in sales. The center's strong historical occupancy, with 17 tenants occupying for 10+ years, demonstrates its resilience and high tenant demand. Strategically located on Marina Boulevard (approx. 44,719 cars per day), the center enjoys excellent visibility and accessibility, with immediate access to Interstates 880 (approx. 243,725 cars per day) and 580 (approx. 152,996 cars per day). The surrounding area's demographics further enhance the property's appeal, with a significant portion of the population within a 3-5 mile radius comprised of Millennials, Gen X, and Gen Z, representing active and affluent consumer groups. This is a rare opportunity to acquire a dominant, high-performing retail asset in a prime East Bay location.

Property profile
Verified
Property type Lifestyle centers
Year built 1991
Total area 167,254 SF
Lot 13.73 ac (598,079 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marina Square Center Shopping Center & Mall
  • Rush My Passport Travel Agency
  • EVgo Charging Station Electric Vehicle Charging Station
  • Five Guys Restaurant
  • FedEx Office Print & Ship Center Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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