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24780 - 24782 Hesperian Boulevard - 24780 Hesperian Boulevard, Hayward, CA

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24780 - 24782 Hesperian Boulevard - 24780 Hesperian Boulevard

Hayward, CA 94545-2436 - W Hayward/Castro Valley Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1971
Building Size:9,082 SF Land Area:.54 AC (23,522 SF)
For Sale Price:$3,800,000 Price/SF:$418.41
Cap Rate:5.99 %
Parking:Free Surface spaces are available; Ratio of 1.84/1,000 SF
Features:Pylon Sign

The property is located on busy Hesperian Blvd. in Hayward close to Southland Mall. There is on-site parking and easy access to Highway 880.

Sale Notes:
The subject offering consists of a fully occupied two-tenant retail building in Hayward, CA. The building includes stable tenancy comprised of the US Government and the State of California. The 9,082 SF buildings is situated on an approximate 0.54 acre lot fronting onto Hesparian Bvld, a heavily traveled thoroughfare through the Hayward sub market. With a combination of stable tenants in a desirable location, this is presents as a highly attractive and low maintenance investment opportunity in a well-performing market near San Francisco.

Located in the city of Hayward within Alameda County, this property is on the block adjacent to the entrance of the Southland Mall which is one of the oldest regional malls in the East Bay. Southland Mall is currently anchored by Macy's, JC Penny, Sears and the newly opened Dick Sporting Goods. 2 blocks south of the property is Chabot College a community college with over 14,000 enrolled students.Hayward has a 2014 population of 149,392, and sits as the sixth largest city in the Bay Area. Traffic counts on Hesperian Boulevard are over 32,000 cars per day. Easy access to 880 Freeway.

SVN - Desert Commercial Advisors
Justin Horwitz
(480) 425-5518

Jonathan Levy
(480) 425-5538

Kevin D Chin
(415) 922-2900 x101

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