2229 Washington Ave

 

FOR LEASE · SAN LEANDRO

2229 Washington Ave

San Leandro, CA
Sale Price
Contact broker for details
Lease Rate
$1.50/SF/month NNN ($18.00/SF/year) – yard space $0.50/SF/month
Size
±5,300 SF
2229 Washington Ave, San Leandro, CA
Building Size
±5,300 SF
Lot Size
±8,133 SF yard (0.40-acre total site)
Year Built
1960
Zoning
CC – Community Commercial (City of San Leandro)
01 — WHY THIS PROPERTY

±5,300 SF for lease in San Leandro, CA.

01
Yard Nearly 1.5x the Building

At ±8,133 SF, the fenced, paved yard is larger than the ±5,300 SF building itself — a rare ratio in this submarket that suits outdoor storage, fleet parking, equipment staging, or contractor laydown users who can't find that footprint in typical small-bay industrial product.

02
Multiple Drive-In Bays

Six drive-in/roll-up doors give tenants direct grade-level access for loading trucks, trailers, or equipment straight into the building — practical for distribution, service, or light industrial operations that need more than a single dock door.

03
Community Commercial Zoning Flexibility

CC zoning opens the door to a wide range of uses beyond pure industrial — general retail, auto sales/service, food service, and day care are all permitted — giving a prospective tenant or owner-user more optionality than a standard industrial-zoned building.

04
Central San Leandro / I-880 Corridor Location

Positioned in San Leandro's established industrial-commercial corridor with quick access to I-880, the site sits within the broader Oakland/East Bay logistics market and within a few minutes of downtown San Leandro, San Leandro BART, and the Oakland International Airport / Port of Oakland gateway.

02 — PROPERTY DETAIL

Building specifications

Total Building
±5,300 SF
Lot Size
±8,133 SF yard (0.40-acre total site)
Year Built
1960
Construction
Masonry with concrete and wood framing; noncombustible exterior walls
Clear Height
12 FT
Loading
6 drive-in/roll-up bays
Power
Contact broker for details
Fire Protection
Contact broker for details
Parking
25 spaces
Zoning
CC – Community Commercial (City of San Leandro)
03 — THE AREA

San Leandro / East Bay Industrial Submarket

2229 Washington Ave sits within San Leandro's long-established industrial-commercial corridor along the I-880 spine connecting Oakland and the South Bay. The location gives tenants fast freeway access while remaining close to downtown San Leandro, San Leandro's BART and Amtrak Capitol Corridor station, and the Oakland International Airport / Port of Oakland gateway a few miles to the north — a combination that has long made San Leandro a preferred infill location for distribution, service, and light-industrial users who need to move people and goods efficiently around the East Bay.

San Leandro is part of the broader Oakland/East Bay industrial market, one of the tightest logistics markets on the West Coast due to the scarcity of developable industrial land. According to Kidder Mathews' Q2 2026 East Bay Industrial Market Report, the San Leandro/San Lorenzo submarket totals roughly 24.6 million square feet of inventory with a 7.8% direct vacancy rate — tighter than the East Bay's overall 8.7% direct vacancy — underscoring continued, if moderating, demand for well-located space in the corridor.

04 — IN THE MARKET

Institutional Capital Continues Targeting San Leandro Industrial

Local News

In late October 2025, Sagard Real Estate announced the acquisition of a 260,989-square-foot industrial facility in San Leandro, sited on 10.83 acres in the Oakland-East Bay corridor with access to Interstates 880 and 580. The building, constructed in 1973 and renovated in 2024, features 28-foot clear heights, 30 dock-high doors, and a 1.43-acre laydown/outdoor storage court — the kind of yard-heavy configuration increasingly sought after by logistics and distribution users in the East Bay.

Sagard's release cited the broader Oakland/East Bay industrial market's roughly 279 million square feet of inventory and pointed to "strong fundamentals supported by limited new development and sustained tenant demand" as the rationale for continued institutional investment in the corridor — a vote of confidence in San Leandro specifically as new industrial supply in the market remains scarce.

Market Snapshot
7.8%
San Leandro/San Lorenzo submarket, Q2 2026 — Kidder Mathews East Bay Industrial Market Report
$1.60/SF NNN
San Leandro/San Lorenzo submarket average, Q2 2026 (Kidder Mathews)
24.6M SF
Total industrial inventory in the San Leandro/San Lorenzo submarket, with 214,261 SF leased in Q2 2026 alone (Kidder Mathews)

Source: Sagard Real Estate press release via BusinessWire, October 31, 2025

05 — OUR TAKE

How we'd position this listing

This is a functional, flexible small-bay building whose real value is outside the four walls: an ±8,133 SF paved yard on a ±0.40-acre site gives a tenant land-intensive capability — vehicle storage, staging, equipment yard — that's difficult to source in San Leandro's tight, largely built-out industrial corridor.

With CC zoning permitting retail, auto, and service uses alongside industrial, and San Leandro/San Lorenzo running a sub-8% direct vacancy rate as of Q2 2026, well-located small-bay product with outdoor space tends to lease efficiently — particularly for owner-operators and regional service businesses that have struggled to find yard-heavy space elsewhere in the East Bay.

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Jeffrey Ida — (415) 828-7679
jida@lee-associates.com
Brendan Gallagher — (760) 846-1736
Lee & Associates — San Francisco
242 California St, San Francisco, CA 94111
© 2026 The Ida Group at Lee & Associates. All rights reserved.