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Highlights

  • Outdoor dining on the paseo next to the Castro Valley Marketplace
  • Renovation nearing completion featuring beautiful architectural details
  • Marketplace Shops shares a Paseo with the Castro Valley Marketplace, and has become a favorite within the community, which holds special events.
  • 170 Parking Spaces
  • Downtown Castro Valley has a trade area population of approximately 142,185 residents with an average household income of over $109,000.00

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 3323
  • 3,245 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

The Knudsen’s Ice Cream space is located in our latest Castro Valley project, the Marketplace Shops, centrally located on Castro Valley Boulevard in Downtown Castro Valley adjacent on one side to the Castro Valley Marketplace, Slice House and on the other recently opened Philz Coffee, community favorite Canyons Barbeque and Beyond The Leaf. Join Urban Matcha that has seen consistent lines out the door success during soft opening and soon to open Pour House that will bring a modern, self service tap room concept to Castro Valley, featuring more than 30 rotating taps. Downtown Castro Valley has a trade area population of approximately 142,185 residents with an average household income of over $120,000.00 and a daytime population of approximately 41,942 within five minutes of the Marketplace Shops. To find renovation information of the Marketplace Shops, visit: https://mspsinc.com/marketplace-shops/ The property has been reimagined to optimize the retail space for pedestrian traffic, offering a downtown lifestyle experience.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • High Ceilings
  • Plug & Play
  • Demised WC facilities
  • Turn Key 2nd Gen Restaurant Including FFE
Space Size Term Rental Rate Rent Type
1st Floor, Ste 3323 3,245 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste 3323

Size
3,245 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

The Knudsen’s Ice Cream space is located in our latest Castro Valley project, the Marketplace Shops, centrally located on Castro Valley Boulevard in Downtown Castro Valley adjacent on one side to the Castro Valley Marketplace, Slice House and on the other recently opened Philz Coffee, community favorite Canyons Barbeque and Beyond The Leaf. Join Urban Matcha that has seen consistent lines out the door success during soft opening and soon to open Pour House that will bring a modern, self service tap room concept to Castro Valley, featuring more than 30 rotating taps. Downtown Castro Valley has a trade area population of approximately 142,185 residents with an average household income of over $120,000.00 and a daytime population of approximately 41,942 within five minutes of the Marketplace Shops. To find renovation information of the Marketplace Shops, visit: https://mspsinc.com/marketplace-shops/ The property has been reimagined to optimize the retail space for pedestrian traffic, offering a downtown lifestyle experience.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • High Ceilings
  • Plug & Play
  • Demised WC facilities
  • Turn Key 2nd Gen Restaurant Including FFE

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Marketplace Shops

  • Tenant
  • Description
  • US Locations
  • Reach
  • CycleBar
  • Fitness
  • 140
  • International
  • Diana Huggins-re/max Accord
  • Real Estate
  • 1
  • -
  • Fearless Martial Arts Dojo
  • Cocktail Bar
  • 1
  • Local
  • Rod Villamor Insurance Agency Inc
  • Insurance
  • 1
  • -
  • State Farm
  • Insurance
  • 24,532
  • International
  • Urban Matcha
  • Retailer
  • -
  • -
Tenant Description US Locations Reach
CycleBar Fitness 140 International
Diana Huggins-re/max Accord Real Estate 1 -
Fearless Martial Arts Dojo Cocktail Bar 1 Local
Rod Villamor Insurance Agency Inc Insurance 1 -
State Farm Insurance 24,532 International
Urban Matcha Retailer - -

Property Facts

Total Space Available 3,245 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 16,198 SF
Year Built 1966
Parking Ratio 1.85/1,000 SF

About the Property

The Marketplace Shops are centrally located on Castro Valley Boulevard in the heart of Downtown Castro Valley adjacent to the Castro Valley Marketplace. Downtown Castro Valley offers easy access to Interstate 580, 280 Intersection connecting to 680 & 880 Freeways and is just two blocks from the Castro Valley Bart Station. With connections to San Francisco, Oakland, Silicon Valley and the Tri Valley, Castro Valley is the center of the Bay Area. The Marketplace Shops consists of approximately 16,000 Sq Ft with retail spaces starting at 1,000 Sq Ft. Downtown Castro Valley has a trade area population of approximately 142,185 residents with an average household income of over $109,000.00 and a daytime population of approximately 41,942. The typical suburban strip center look will be a distant memory with the carefully detailed design of this project – showcasing new façade elements, lighting, inviting storefronts and outdoor seating that will create a perfect retail stage. Marketplace Shops shares a Paseo with the Castro Valley Marketplace, and has become a favorite within the community, which holds special events, live music, outside dining, pop-up shops and more. The project is being carefully merchandised with select retailers and restaurants. The renovation of the building will commence in Summer 2023 and ready for occupancy in the Fall 2023.

  • Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Philz Coffee
Bank of America
Citi
Nation's Hamburgers
Vitality Bowls
Mr. Pickle's Sandwich Shop
L & L Hawaiian Barbecue
The Habit Burger Grill
Starbucks
Bank of Montreal
  • Listing ID: 41479135

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 3331 Castro Valley Blvd, Castro Valley, CA 94546

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