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COMMERCIAL OFFERING | FULLY EQUIPPED KITCHEN All materials and information received or derived from KW COMMERCIAL its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW COMMERCIAL its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW COMMERCIAL will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW COMMERCIAL makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or AZIZ KHATRI, CCIM assumptions. KW COMMERCIAL does not serve as a financial advisor to any party regarding any 510-368-8347 proposed transaction. [email protected] DRE: 01050721 All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and MANO ACEBEDO governmental limitations as well as market conditions, vacancy factors and other issues in order to 707.246.9714 determine rents from or for the property. Legal questions should be discussed by the party with an [email protected] attorney. Tax questions should be discussed by the party with a certified public accountant or tax DRE: 01872979 attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW COMMERCIAL in compliance with all applicable fair housing and equal opportunity laws. $ 950,000 599 MACARTHUR BOULEVARD SAN LEANDRO, CA 94577 RETAIL 3,697 0.11 AC 076-0326-009-01 1947 2006 SINGLE RESTAURANT DISCLAIMER: The information contained herein is not a substitute for a thorough due diligence investigation. The Broker has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, zoning & land use, and the size and square footage of the property and improvements. COMMERCIAL : FULLY EQUIPPED KITCHEN SAN LEANDRO, CA CMF Bay Party Store Roosevelt Elementary Imperial Garden Red Pepper Pizza San Leandro Car Wash Jerry’s Burgers Oriental Tea House COMMERCIAL : FULLY EQUIPPED KITCHEN SAN LEANDRO, CA 599 Macarthur Blvd is a Retail building with commercial kitchen approximately +/-3,697sf situated on a +/-4839sf corner lot in San Leandro, CA. The property has two open rooms, service and kitchen ▪ FF&E Included In Sale space, walk in refrigeration, outdoor patio, and FF&E included in the sale. The property has been used in the past as an event space and café. Ideal for an investor or owner/user ready to take advantage of this unique ▪ Corner Lot property in the San Francisco Bay Area. ▪ High Traffic Count This Retail property with a commercial kitchen is located in the Broadmoor District of San Leandro, California. The property sits on a ▪ Catering Or Food Delivery Business corner lot where the neighborhood has an urban suburban mix feel. The neighborhood includes bars, restaurants, coffee shops, and parks that you can walk to. This is a high traffic area with easy access to freeway 580. ▪ Close Proximity To Freeway 580 Just 5.7 miles to Oakland International Airport, 28.7 miles to San Francisco International Airport, and 33.2 miles to San José International Airport. This is an ideal location for any business to commute to in the San Francisco Bay Area. Address & Total Units Building SF Lot SF Type Built Sale Date Price Price/SF 1 1,750 3,485 Restaurant 1925 12/07/18 $450,000 $257.14 577 Bancroft Ave San Leandro, CA 94577 2 2,315 3,920 Storefront 1923 04/27/20 $535,000 $231.10 10828 Bancroft Ave Oakland, CA 94603 3 2,315 3,920 Storefront 1923 03/26/20 $535,000 $231.10 10828 Bancroft Ave Oakland, CA 94603 4 2,843 6,334 Freestanding 1923 02/13/19 $750,000 $263.81 201 Foothill Blvd San Leandro, CA 94577 5 1,800 16,988 Restaurant 1970 09/13/18 $900,000 $500.00 310 MacArthur Blvd San Leandro, CA 94577 6 935 1,032 Storefront 1947 08/15/18 $280,100 $299.57 725 Macarthur Blvd San Leandro, CA 94577 7 512 3,920 Freestanding 1935 06/22/18 $260,000 $507.81 581 Victoria Ct San Leandro, CA 94577 Total/Averages $327.22 S Subject 3,697 Commercial 1947 List Price $975,000 $263.73 599 Macarthur Blvd San Leandro, CA 94577 COMMERCIAL : FULLY EQUIPPED KITCHEN SAN LEANDRO, CA 4 5 2 & 3 S 6 7 1 1 577 Bancroft Ave 2 10828 Bancroft Ave 3 10828 Bancroft Ave 4 201 Foothill Blvd 5 310 MacArthur Blvd 6 725 Macarthur Blvd 7 581 Victoria Ct S 599 Macarthur Blvd COMMERCIAL : FULLY EQUIPPED KITCHEN SAN LEANDRO, CA LOCATION OVERVIEW The City of San Leandro is one of the most diverse cities in the nation located at the center of the dynamic San Francisco Bay Area. With a vibrant community of more than 89,000 residents, San Leandro is proud of its well-maintained neighborhoods, excellent public libraries, twenty- one public parks, quality local schools, and a wide range of shopping, dining, and entertainment options. The City also encompasses a large industrial area that is home to a thriving advanced manufacturing industry. San Leandro is also well-known for its quiet, well-defined neighborhoods full of charming and unique older houses on tree-lined streets where residents are proud of both their neighborhoods and their City. This is reflected by their active involvement in the City's numerous neighborhood and homeowner's associations. The ideal temperate makes San Leandro an excellent place for outdoor recreation. San Leandro boasts of its 450-berth Marina and two golf courses, and with an average temperature of 62 degrees and average rainfall of 19 inches per year, outdoor activity is possible all year. The Zero Net Energy Center is a 46,000 square foot electrician training facility created by the International Brotherhood of Electrical Workers Local 595 and the Northern California chapter of the National Electrical Contractors Association. Training will include energy efficient construction methods, while the facility will operate as a zero-energy building. San Leandro has long been home to many food processing operations, and is home to many corporate businesses such as JanSport, The North Face, Ghirardelli, OSIsoft, and a Coca-Cola plant. Maxwell House operated a coffee roasting plant, where the Yuban brand was produced, from 1949 until 2015, when it was closed as part of a cost-cutting plan instituted by parent company Kraft Foods. The city has five major shopping centers, the Bayfair Center, # Employer # Employees Westgate Center, Greenhouse Shopping Center, Marina Square Center, and 1 San Leandro Unified School District 1380 Pelton Plaza. Lucky's flagship store opened in San Leandro. 2 Kaiser Permanente Medical Group 1032 Under San Leandro Mayor Stephen H. Cassidy, the city set the goal in 2012 of "becoming a new center of innovation in the San Francisco Bay Area.“ San 3 City of San Leandro 582 Leandro came "out of the downturn like few places around, attracting tech 4 Ghirardelli Chocolate Company 487 startups, artists and brewers to a onetime traditional industrial hub." 5 San Leandro Hospital 460 In January 2011, Cassidy and Dr. J. Patrick Kennedy, a San Leandro resident, and 6 OSIsoft LLC 364 president and founder of OSIsoft, one of the City's largest employers, "began developing the public-private partnership that would become Lit San Leandro,“ a 7 Costco Wholesale 358 high speed, fiber optic broadband network. In October 2011, the city approved the license agreement that allowed the installation of the fiber-optic cables in the 8 BCI Coca-Cola Bottling Co. 325 existing conduits under San Leandro streets. In 2012, San Leandro was awarded 9 Wal-Mart Store 2648 323 a $2.1 million grant from the U.S. Economic Development Administration to add 7.5 miles to the network. 10 Paramedics Plus LLC 295 MEDIAN HH INCOME POPULATION AVG HOME VALUE $62,761 88,329 $85,400 SIZE OWNER-OCCUPIED RENTER-OCCUPIED 15 Square Miles 54.5% 45.5 MEDIAN AGE TOP OCCUPATION TOP INDUSTRY 36.3 Office & Admin Support Healthcare COMMERCIAL : FULLY EQUIPPED KITCHEN SAN LEANDRO, CA COMMERCIAL OFFERING | FULLY EQUIPPED KITCHEN.
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