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Investment Highlights

  • Low Management, Passive Investment
  • Extensive Capital Improvements
  • Well-Positioned For Future Redevelopment
  • Exceptional Owner-User / Value-Add Opportunity
  • Great Location With Established Restaurant Presence
  • Call listing brokers for more information

Executive Summary

560 & 604 MacArthur Boulevard present a rare opportunity to acquire two high-profile restaurant assets — available together or individually — featuring Jerry’s Beefburgers (since 1953) with a lease until August 2029 and Oriental Tea House Restaurant on a flexible month-to-month lease. The site offers dual frontage along MacArthur Blvd and Foothill Blvd, adjacent to Interstate 580 with easy access and strong visibility, and ample parking (~7 spots per 1,000 SF). Recent capital improvements include a new roof,
remodeled kitchen, and resurfaced parking lot. The property is located on 1.22 acres designated for mixed-use and multifamily redevelopment "by right" in San Leandro’s Housing Element (they are 2 of only 19 such sites in the City of San Leandro).
A rare blend of stable, low-management income that's not subject to rent control, with value-add potential, and long-term redevelopment upside. Offered at only $74.53 per square foot in land value.
Contact us today to schedule a tour or request more details!

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $5,495,595 CAD
Price / SF $268.94 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 20,434 SF
Total Land Area 1.97 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
560 MacArthur Blvd, San Leandro, CA 94577 Retail 11,275 SF 1954 -
604 Macarthur Blvd, San Leandro, CA 94577 Retail 9,159 SF 1959 -
Show More > < Show Less
  • Listing ID: 40046692

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 560 & 604 MacArthur Blvd, San Leandro, San Leandro, CA

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