1191 W Tennyson Rd - Medical FOR SALE


Hayward, CA 94544- Harder-Tennyson
$3,066,600 USD
415-672-0987
1191 W Tennyson Rd, Hayward, CA for Sale
$3,066,600 USD
Medical - FOR SALE
1/7
null | 6% Cap Rate

1191 W Tennyson Rd
Hayward, CA 94544
Harder-Tennyson


HIGHLIGHTS

  • * A Fully-occupied, Well-maintained Professional and Retail Service Building on Tennyson Rd. Near Hwy 880
  • * 3 Long-term Occupants (Professional Services)just signed New Leases with Options.
  • * 2 New Tenants, Beauty Salon and Insurance Service, Long-term Leases with an Annual % Increases.
  • * 3 Tenants have been Occupying the Premises for Past 18 Years & More
  • * Excellent Locaton on Busy West Tennyson Road Just off Hwy 880.

OVERVIEW

Rare Opportunity to acauire a Well-maintained Neighbor Professional and Services Center just off Hwy 880 near Hwy 238, San Mateo Bridge Crossing. Fee Simple Interest (Building & Land) for Sale. The property sits on a heavily-travelled and very visible Tennyson Road in Hayward. The premises are occupied by three long term professional tenants, who just signed new extensions. Perfect chance to acquire property, 100% occupied, easily managed and profiable. There is a sucessful Beauty Salon on the premises since 2022 and just signed a long-term lease with an insurance agency. Most of tenants are on initial 5-year terms with a 5-year options. There is a neighbor shopping center across from the premises anchored by the Wallgreens and Chavez Supermarket, right next door to the premise. All leases have a 3% Annual Increase clauses during the entire terms.

FOR SALE DETAILS

PRICE

$3,066,600 USD

PRICE/SF

$499 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CO

APN/PARCEL ID

453-0070-036-03,453-0070-113-00

ASK ABOUT THIS PROPERTY

John KimNew Star Realty & InvestmentMore Info
415-672-0987

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John KimNew Star Realty & InvestmentMore Info
415-672-0987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.