29480 Pacific St - Self-Storage Facilities FOR SALE


Hayward, CA 94544- Tennyson-Alquire
$6,300,000 USD
408-642-0353
29480 Pacific St, Hayward, CA for Sale
$6,300,000 USD
Self-Storage Facilities - FOR SALE
1/10
null | 6.1% Cap Rate

29480 Pacific St
Hayward, CA 94544
Tennyson-Alquire


HIGHLIGHTS

  • Investors have the opportunity to acquire an exceptional multifamily asset in the thriving city of Hayward, CA.
  • Hayward Pacific Mini Storage offers customers a stress-free storage experience with drive-up access and 24-hour camera surveillance.
  • The subject property is centrally located in the East Bay providing convenient access to San Francisco, The Peninsula, and Silicon Valley.
  • Hayward Pacific Mini Storage boasts an exceptional location between the major employment centers of Oakland, The Peninsula and Silicon Valley.

OVERVIEW

Hayward Pacific Mini Storage is a stunning 221-unit self-storage investment opportunity located in the thriving city of Hayward, CA. Situated on a large parcel of land totaling 2.62 acres, the subject property was originally constructed in 1961 and has a net rentable area of approximately 57,710 square feet. The subject property features drive-up access, 24-hour camera surveillance, and a secure entrance gate. Hayward Pacific Mini Storage is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (19 miles), The Peninsula (24 miles), The Tri-Valley (14 miles), Silicon Valley (24 miles), and San Francisco (30 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants. The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, Hayward Pacific Mini Storage presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

IL

APN/PARCEL ID

083-0460-003-04,083-0460-007-00

ASK ABOUT THIS PROPERTY

Matthew McCaffreyMarcus & MillichapMore Info
408-642-0353

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Matthew McCaffreyMarcus & MillichapMore Info
408-642-0353

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