29705 Mission Blvd - Storefront FOR SALE


Hayward, CA 94544- Fairway Park
$6,950,000 USD
408-966-5919
29705 Mission Blvd, Hayward, CA for Sale
$6,950,000 USD
Storefront - FOR SALE
1/13
null | 6.1% Cap Rate

29705 Mission Blvd
Hayward, CA 94544
Fairway Park


HIGHLIGHTS

  • Two-Tenant 6,315 SF Retail Building which Includes a Starbucks Drive-Thru and a 3,835 SF Vacant Unit
  • Rare 10% Downpayment SBA Owner User Opportunity - 3,835 SF Vacant Unit Adjacent to Starbucks
  • Seller will Guarantee Rent on the 3,835 SF Vacancy at $4.00 SF NNN for 6 Months which is a 6.10% CAP Rate
  • Brand New Construction – Built in 2024, Brand New Starbucks Lease Expires in 2034, and Starbucks has Three( 3) Five (5) Year Options Thereafter
  • Large 0.96 AC Corner Parcel - Located in Front of the Brand New Atlas @ Mission Village Townhome Project by KB Homes
  • Located Near the Hayward Bart Station and Interstate 880

OVERVIEW

- The Offering Presents a Rare Opportunity to Acquire a New Construction Two-Tenant 6,315 SF Retail Building which Includes a Starbucks Drive-Thru and a 3,835 SF Vacant Unit. - Rare 10% Downpayment SBA Owner User Opportunity - 3,835 SF Unit Adjacent to Starbucks Available for an Owner User to Occupy Immediately and have the income from Starbucks Offset the Mortgage Payments. - Investment Opportunity - Brand New Starbucks Lease + Seller will Guarantee Rent on the 3,835 SF Vacancy at $4.00 SF NNN for 6 Months which is a 6.10% CAP Rate. - Brand New Construction – Built in 2024. - Brand New Starbucks Lease – Lease Expires in 2034, and Starbucks has Three (3) Five (5) Year Options Thereafter. - MB-CN Zoning Designation: Allows for Uses such as Office, (Medical/Dental Offices with Administrative Use Permit), Retail, Personal Services, Fitness Studio, Restaurants, Day Care Center, (Educational Facilities with Administrative Use Permit), and many more. - Large 0.96 Acre Corner Parcel - Located in Front of the Brand-New Atlas @ Mission Village Townhome Project by KB Homes. - 200 Feet of Frontage Along Mission Boulevard & 150 Feet of Frontage Along Industrial Parkway. - Located Near the Hayward Bart Station and Interstate 880.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$1,101 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

6.10% CAP OR OWNER USER WITH DRIVE-THRU SBUX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Day Care Center, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

CROSS STREETS

Industrial Parkway

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

MB-CN

APN/PARCEL ID

078G-2971-001-00

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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

David TaxinMeacham OppenheimerMore Info
408-966-5919

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