30158 Industrial PKWY new Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94544
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $947
MLS Listing ID ML82017399
Year Built 2005
Lot Size 1.626 Acres
Property Sub-Type Restaurant
Property Description
Prime single-tenant Absolute NNN investment in Hayward, CA, leased to Panda Express, Inc. corporate-guaranteed and operating at this location since 2005. ±2,406 SF freestanding building, built in 2005. Tenant pays 100% of property taxes, insurance, HOA, and all maintenance, providing truly passive income for the owner. Current term runs 11/01/202510/31/2030, with two (2) five-year extension options. Offering a 7.78% CAP at the $2,280,000 asking price significantly above the typical 4.5%6% range for similar Bay Area NNN properties. Located on a high-visibility signalized corner at Whipple Blvd & Industrial Pkwy SW, adjacent to Target, Costco, and I-880 freeway. Perfect for 1031 exchange buyers seeking long-term, management-free income from a nationally recognized tenant.
Location
State CA
County Alameda
Area Hayward
Zoning Industrial Park
Interior
Heating Central Forced Air - Gas
Cooling Central AC
Exterior
Parking Features Common Parking Area,Guest / Visitor Parking,Off-Street Parking,Parking Area
Utilities Available Garbage Collection,Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Type Flat / Low Pitch
Present Use Food Service,Industrial
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public,Sewer Connected
Water Individual Water Meter,Public
Level or Stories 1
Others
Restrictions Other
Tax ID 475-0182-002
Security Features Fire Alarm ,Fire System - Sprinkler,Fire System - Suppression,Window Bars
Special Listing Condition Not Applicable