Drilling & Trenching - industrial in San Leandro, CA
Industrial

Drilling & Trenching

2040 2048 farallon dr, san leandro, CA

Price

Price on request

Square Feet

12,000

Location

2040 2048 farallon dr, san leandro, CA

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size12,000 SF
Year Built1971

Lease Details

Available Space6,000 SF

Market Context

This industrial in San Leandro, CA is listed for lease across 12,000 SF. The building dates to 1971. It has been on the market for 64 days.

As of Q1 2026, the Oakland / East Bay industrial market showed average asking rents near $5.50/SF/yr, and rents up 7.8% year over year. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$5.50–$5.60/SF/yr
Estimated sale value
$64–$80/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.7%, asking rent trend-adjusted to today).

View the full Oakland / East Bay Industrial market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other industrial listings for lease in San Leandro, CA to benchmark pricing and space — view the full market.

Unified Estimate

Medium Confidence
$0.39/SF/mo-$0.53/SF/mo
Mid: $0.46/SF/mo
Total estimate for 12,000 SF
$5,520

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 06001

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q3 '21Q3 '23Q4 '25Q1 '26$0$2$4$6$80%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,970

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population39,287,377
Median Income$99k↑ 33%
College Educated32.5%
Median Age37.9 yrs
Median Home Value$735k
Unemployment6.6%↑ 3.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: industrial in san leandro, CA

More Industrial for Lease in San Leandro, CA(5)

Contact Broker

Jeff Powers

Jay Hagglund

Jackson Hagglund

Listed by

Cushman & Wakefield