15028 Hesperian Blvd - Storefront Retail/Office FOR SALE


San Leandro, CA 94578- Ashland
$3,750,000 USD
510-449-9652
15028 Hesperian Blvd, San Leandro, CA for Sale
$3,750,000 USD
Storefront Retail/Office - FOR SALE
1/49
null | 7.2% Cap Rate

15028 Hesperian Blvd
San Leandro, CA 94578
Ashland


HIGHLIGHTS

  • Five retail storefronts with full window displays and direct street-facing access.
  • Expansive 22-car parking lot with dual access from two major streets.
  • Highly visible location with signage and frontage seen from up to a quarter mile away.
  • Turnkey opportunity with mix of retail and restaurant tenants in place.
  • Expansive 19,000 SF parcel offering 10,500 SF dedicated to on-site parking, ensuring exceptional accessibility for tenants and customers.

OVERVIEW

This historic San Leandro property offers a rare investment opportunity anchored by the legendary Ricky's Sports Bar, once ranked the #2 sports bar in the country. Encompassing five street-facing retail spaces with full window displays, this property benefits from exceptional visibility extending up to a quarter mile along Hesperian Boulevard. Three units are currently occupied, including a thriving hair and nail salon and a floral boutique, while two units stand ready for new tenants. The anchor space boasts a recently updated restaurant and bar featuring multiple pool tables and a premium sports-viewing environment celebrated throughout the Bay Area. Ricky’s remains a premier destination for fans of the Raiders, Warriors, 49ers, Giants, and other major teams, ensuring built-in foot traffic and brand recognition. Situated on a large 0.44-acre parcel with dual street access and a 22-space private parking lot, the property provides convenience and accessibility. It is located within a designated Opportunity Zone, offering potential tax advantages. With its mix of stable tenancy and vacant units for upside leasing, this asset combines steady income with growth potential, making it highly appealing to investors.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$512 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

SA3

APN/PARCEL ID

077D-1496-002-09

ASK ABOUT THIS PROPERTY

McKinley HarrisBhg Reliance PartnersMore Info
510-449-9652

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McKinley HarrisBhg Reliance PartnersMore Info
510-449-9652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.