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DaVita Anchored Medical Building 13939 E 14th St 15,152 SF 100% Leased Office Building San Leandro, CA 94578 $7,957,000 ($525.15/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Leased Medical Office Anchored by DaVita Dialysis & Concentra: 65% of the GLA is leased to investment grade tenants
  • Adjacent to San Leandro Hospital: Built-in customer referral base
  • Strong Demographics within a 5-Mile Radius: Population of 370,635 and average household income of $134,004
  • Long Term Tenancy: DaVita has occupied this location for more than 23 years and Concentra for over 19 years
  • Easy Access to Highways 580 & 880 in Dense East Bay Area: 1.3 miles from San Leandro BART station & 5.7 miles from Oakland International Airport

EXECUTIVE SUMMARY

Fully leased medical office building in Northern California anchored by DaVita Dialysis and Concentra. The property features high-quality, well-maintained construction and ample dedicated on-site parking in an irreplaceable infill location directly adjacent to a hospital.
The subject property is easily accessible and features prominent monument signage along East 14th Street (11,879 ADT), a major north-south corridor that transitions into Mission Boulevard in Hayward and International Boulevard in Oakland. It is strategically framed by three major Bay Area freeways—Interstate 580, Interstate 880, and I-238/SR-238—which provide a combined average daily traffic count of 542,000. The site is also well served by public transportation, with AC Transit routes nearby and proximity to both the San Leandro and Bay Fair BART Stations. Oakland International Airport (OAK) is conveniently located just 5 miles away. It serves more than 11 million passengers annually, as well as more than 1 trillion pounds of freight annually, and employs more than 8,000.
Adjacent to the site are several key medical and community facilities, including the San Leandro Senior Community Center, the Doctors’ Office Building of San Leandro, the San Leandro Hospital Medical Arts Building, and Alameda Health System’s San Leandro Hospital—a 93-bed Level II emergency center offering critical care, surgical, and rehabilitation services, which creates a steady source of local traffic and referrals. Additionally, Kaiser Permanente San Leandro Medical Center, located just over 2 miles away, is a 216-bed facility employing more than 2,100 staff. Kindred Hospital San Francisco Bay Area, a 99-bed long-term acute care facility, is also within a 2-mile radius. The immediate area includes San Leandro High School’s Fred T. Korematsu Campus, McKinley Elementary School, Jefferson Elementary School, Play Pals Preschool, Walgreens, East Bay Hand Medical Center, San Leandro Surgery Center, Bay Area Foot Care, and the Boys & Girls Clubs of San Leandro, further contributing to the strong, built-in traffic and demand base.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
15,152 SF
Building Class
B
Year Built
2002
Price
$7,957,000
Price Per SF
$525.15
Cap Rate
6.25%
NOI
$497,287
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,152 SF
Building FAR
0.32
Lot Size
1.10 AC
Zoning
Commercial
Parking
56 Spaces (3.7 Spaces per 1,000 SF Leased)

AMENITIES

  • Reception
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077D-1429-005-00
Land Assessment
$489,837
Improvements Assessment
$3,789,599
Total Assessment
$4,279,436
  • Listing ID: 37112587

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 13939 E 14th St, San Leandro, CA 94578

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