24453-24475 Mission Blvd - Freestanding FOR SALE


Hayward, CA 94544- Mission-Foothill
$3,250,000 USD
310-793-6069
24453-24475 Mission Blvd, Hayward, CA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

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24453-24475 Mission Blvd
Hayward, CA 94544
Mission-Foothill


HIGHLIGHTS

  • Ideal owner-user or value-add opportunity at 62% occupancy
  • Four out of the six tenants are on month to month leases
  • Mixed-use zoning allowing 17.5 – 35 units per acre
  • City of Hayward owns both of the adjacent vacant lots. Potential to combine all for 2.09 acres.
  • High traffic counts on Mission Blvd with over 31,000 vehicles per day

OVERVIEW

Transwestern is pleased to exclusively offer for sale an 8,750 square foot strip center on 0.57 acres of land located on Haywards bustling Mission Boulevard. This seven-unit center is currently 62% leased and the majority of tenants are on month to month leases, allowing for an immediate value-add opportunity or owner user to take over. Given the mixed use zoning, the site can also be redeveloped for up to a potential 19 units. The property is located along Mission Boulevard, a major retail and commuter corridor in the Bay Area, benefiting from strong visibility and daily traffic counts. It is surrounded by a dynamic mix of national retailers, car dealerships and new housing developments. Hayward, positioned in the heart of the East Bay, is one of the Bay Area’s most centrally located cities with immediate access to I-880, Hwy-92, and BART transit lines. The city is experiencing ongoing residential and commercial growth, supported by its diverse workforce and proximity to Oakland, San Francisco, and Silicon Valley.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

MB-CN

APN/PARCEL ID

444-0033-022-01

ASK ABOUT THIS PROPERTY

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

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CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

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