30158 Industrial PKWY new

Hayward,CA 94544

$ 2280000

- Bed

- Bath

2406 SqFt


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

View More
Favorite Go Tour