1266 28th Ave
Warehouse 12,500 SF for lease in Oakland, CA.
A fenced 7,600 SF outdoor yard paired with 12,500 SF of enclosed warehouse is a hard-to-source configuration in Oakland's infill flatlands, suited to contractors, fleet operators, and storage or light-industrial users who need secure outdoor space alongside covered building area.
The property sits within Oakland's San Antonio district in the Fruitvale/International Boulevard flatlands, an established East Oakland industrial and flex corridor with a long history of small-bay warehouse, trade, and service-industry tenancy.
Located minutes from I-880, the site gives tenants quick truck access to the Oakland/San Leandro industrial corridor, the Port of Oakland, and Oakland International Airport, while Fruitvale BART and International Boulevard provide transit and last-mile connectivity for employees.
Small-bay industrial buildings with usable outdoor yard space are in limited supply across East Oakland's built-out flatlands, supporting durable tenant demand for well-located space like this listing regardless of broader market swings.
Building specifications
San Antonio District / Fruitvale, East Oakland
1266 28th Ave sits in Oakland's San Antonio district, within the flatlands stretch known locally as "The Twomps" (roughly 20th to 29th Avenues), part of the broader Fruitvale/International Boulevard area. This is one of Oakland's most established working-class, mixed-industrial neighborhoods, with a long history of small manufacturing, trade, and warehouse uses set among dense residential and commercial blocks along International Boulevard and Foothill Boulevard.
The submarket benefits from proximity to I-880, the primary freight artery linking Oakland to the Port of Oakland, Oakland International Airport, and the greater East Bay/Silicon Valley industrial corridor. Fruitvale BART station and East Bay AC Transit lines serve the immediate area, giving employers a labor-accessible location without the higher rents of the Port-adjacent West Oakland submarket.
East Bay/Oakland Industrial Market Cools as Vacancy Climbs to 8.0% in Q1 2026
Cushman & Wakefield's Q1 2026 East Bay-Oakland Industrial MarketBeat reports overall vacancy at 8.0%, up 80 basis points year-over-year, with the region posting roughly negative 1.2 million square feet of net absorption in the quarter — described in the report as the largest single-quarter occupancy decline recorded in over a decade, driven by elevated interest rates and softer supply-chain-linked demand. Average asking rent held at $1.24 per square foot (NNN, monthly) across the market's 167+ million square feet of inventory, with new construction slowing to roughly 617,000 SF underway.
Investment activity has continued selectively despite the softer leasing backdrop: WPT Capital Advisors acquired a 374,725 SF Oakland industrial building at 8350 Pardee Drive from BGO for $112.5 million, one of the larger East Bay industrial trades recorded in the period — a sign that well-located Oakland industrial product still draws institutional capital even as overall market occupancy softens.
Source: Cushman & Wakefield, East Bay-Oakland Industrial MarketBeat, Q1 2026
How we'd position this listing
Small-bay warehouse-and-yard properties like 1266 28th Ave remain scarce in East Oakland's built-out flatlands, and that scarcity has historically insulated well-located, functional space from the full swings of the broader industrial cycle — even as regionwide vacancy has ticked up and net absorption has turned negative.
With market-wide rent growth flat and vacancy rising, tenants have more leverage than at any point in recent years to negotiate on a space like this — but the combination of covered warehouse and secure fenced yard is a functional feature that doesn't come up often in this submarket, and it should be underwritten and marketed accordingly rather than priced purely off headline market averages.
Get rent roll detail, floor plans, and comparable sales for 1266 28th Ave.
Let's talk about 1266 28th Ave.
jida@lee-associates.com
Brendan Gallagher — (760) 846-1736
242 California St, San Francisco, CA 94111