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Investment Highlights

  • Available for Sale or Lease
  • Strategic East Bay location near Port of Oakland and Oakland International Airport.
  • Fully renovated industrial building with modernized interiors and updated systems.
  • Updated office areas include new paint, carpet, lighting, and restrooms.

Executive Summary

404–420 Pendleton Way presents an outstanding opportunity to acquire a fully renovated 27,561± square foot industrial building in Oakland, California. The property is strategically positioned near the Port of Oakland and Oakland International Airport, offering excellent access to regional transportation and distribution networks. Four units are fully leased, generating $19,341 per month in NNN income, while three additional units totaling 15,266± square feet are available for lease, providing immediate upside potential. The building features clear heights of 16 to 18 feet, grade-level loading, and updated office areas with new paint, carpet, lighting, and restrooms. Recent capital improvements include a complete renovation, ensuring long-term durability and a functional, modern layout for occupants. A large fenced and paved parking area supports both employee and fleet parking requirements.
Offered at $6,000,000, this asset combines current income stability with value-add leasing opportunities in one of the Bay Area’s most desirable industrial corridors.

Property Facts

Price $8,218,440 CAD
Price Per SF $298.19 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.19 AC
Rentable Building Area 27,561 SF
No. Stories 1
Year Built 1989
Parking Ratio 1.09/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 8
Opportunity Zone Yes
Zoning IO, Oakland - Industrial Office

Amenities

  • Fenced Lot
  • Storage Space

Utilities

  • Water - City
  • Sewer - City

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - 404
  • 10,218 SF
  • Industrial
  • -
  • Now

- Unit 404 - 10,218± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off-Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

  • 1st Fl - 412
  • 3,323 SF
  • Industrial
  • -
  • Now

- Unit 412 - 3,323± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

  • 1st Fl - 418
  • 1,725 SF
  • Industrial
  • -
  • Now

- Unit 418 - 1,725± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

Space Size Space Use Build-Out Available
1st Fl - 404 10,218 SF Industrial - Now
1st Fl - 412 3,323 SF Industrial - Now
1st Fl - 418 1,725 SF Industrial - Now

1st Fl - 404

Size
10,218 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Fl - 412

Size
3,323 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Fl - 418

Size
1,725 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Fl - 404

Size 10,218 SF
Space Use Industrial
Build-Out -
Available Now

- Unit 404 - 10,218± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off-Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

1st Fl - 412

Size 3,323 SF
Space Use Industrial
Build-Out -
Available Now

- Unit 412 - 3,323± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

1st Fl - 418

Size 1,725 SF
Space Use Industrial
Build-Out -
Available Now

- Unit 418 - 1,725± SF - Clear Height: 16’ - 18’ - 1 Grade Level Roll up Door - New Paint & Carpet in Office Areas - New Lights - New Restrooms - Paved and Fenced Off Street Parking - Close Proximity to Port of Oakland and Oakland Airport - Lease Rate: Please Call Exclusive Agents for Pricing

Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
042-4425-014-01
Land Assessment
$2,258,122 CAD
Improvements Assessment
$3,010,829 CAD
Total Assessment
$5,268,951 CAD
  • Listing ID: 40485697

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 404-420 Pendleton Way, Oakland, CA 94621

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