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Office

Medical/Office Building

13690 East 14th Street, San Leandro, CA 94578

Listing Price: $4,870,000

Cap Rate
4.39%
Gross SF
13,441
Rentable SF
13,441
Price/Gross SF
$362.32
Lot Size
0.87 acres
Year Built
1989

Investment Overview

The subject property is an attractive +/-16,010 s.f. multi-tenant medical/of?ce building in San Leandro, California situated on two parcels totaling +/-0.87 acres of land. The city San Leandro is located on the eastern shore of San Francisco Bay, between Oakland to the northwest and Hayward to the southeast. The property enjoys 100% occupancy to 5 tenants. The largest tenant, East Bay Hand Medical Center occupies 32.2% of the building. City Health Urgent Care is the next largest tenant occupying 19.5% of the building. Population within a 5-mile radius from subject property was reported at 365,513 with an average household income of $103,493 within the same radius.

Investment Highlights

  • 100% leased to 5 tenants
  • All tenant leases have annual 2.5% rent increases
  • Located near San Leandro Hospital

Exclusively Listed By

Listing Price: $4,870,000

Cap Rate
4.39%
Gross SF
13,441
Rentable SF
13,441
Price/Gross SF
$362.32
Lot Size
0.87 acres
Year Built
1989

Investment Highlights

  • 100% leased to 5 tenants
  • All tenant leases have annual 2.5% rent increases
  • Located near San Leandro Hospital

Investment Overview

The subject property is an attractive +/-16,010 s.f. multi-tenant medical/of?ce building in San Leandro, California situated on two parcels totaling +/-0.87 acres of land. The city San Leandro is located on the eastern shore of San Francisco Bay, between Oakland to the northwest and Hayward to the southeast. The property enjoys 100% occupancy to 5 tenants. The largest tenant, East Bay Hand Medical Center occupies 32.2% of the building. City Health Urgent Care is the next largest tenant occupying 19.5% of the building. Population within a 5-mile radius from subject property was reported at 365,513 with an average household income of $103,493 within the same radius.

Exclusively Listed By

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