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!