23882-23958 Hesperian Blvd - Storefront FOR SALE


Hayward, CA 94541- Longwood- Winton Grove
$13,000,000 USD
408-453-7419
23882-23958 Hesperian Blvd, Hayward, CA for Sale
$13,000,000 USD
Storefront - FOR SALE
1/6
null | 6.07% Cap Rate

23882-23958 Hesperian Blvd
Hayward, CA 94541
Longwood- Winton Grove


HIGHLIGHTS

  • Ease of Management: Three nationally recognized tenants including Walgreens, Office Depot and Starbucks
  • Increase Cash Flow: A new owner will have the opportunity to increase income with the lease up of the 3,300 SF vacant space
  • Prime Retail Hub: Hesperian Plaza is located in a core, infill Hayward, CA market, offering excellent visibility and accessibility
  • Convenient Location: Close to Interstate 880 & Hayward BART Station, making it appeal to commuters and customers seeking quick and easy access
  • Quality Infrastructure: Building features modern construction, ample parking, and a well-maintained exterior, ensuring long-term durability and appeal

OVERVIEW

CBRE, Inc. is pleased to present an exceptional investment opportunity at Hesperian Plaza in Hayward, California. This neighborhood center, located at 23882-23958 Hesperian Blvd, offers a prime location with significant frontage on Hesperian Blvd. and ample parking with 145 spaces. A new owner will have the opportunity to increase income and cash flow with the lease-up of the ±3,300 SF vacant space. The property features a gross leasable area of ±38,979 SF on a ±3.12-acre site, providing a substantial footprint for diverse retail tenants. The long-term leases and high visibility of Hesperian Plaza make it an attractive option for investors seeking stability and growth potential. Properties of this quality and location are rarely available in Hayward, making this a unique opportunity for investors.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$334 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hesperian Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

145

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

CN, Hayward

APN/PARCEL ID

432-0060-107-06

ASK ABOUT THIS PROPERTY

James KayeCBRE, Inc.More Info
408-453-7419

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James KayeCBRE, Inc.More Info
408-453-7419

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