29705 Mission Blvd - Storefront FOR SALE


Hayward, CA 94544
$7,834,000 USD
650-281-5553
29705 Mission Blvd, Hayward, CA for Sale
$7,834,000 USD
Storefront - FOR SALE
1/7
null | 5.5% Cap Rate

NEW


29705 Mission Blvd
Hayward, CA 94544


HIGHLIGHTS

  • New Starbucks Lease - Starbucks signed a new 10-year lease and has three (3) - five (5) year options to renew
  • Core Infill Hayward Location - Situated on the hard corner of Mission Blvd., and Industrial Parkway
  • Strong Demographics - more than 339,000 people in a 5-mile radius with an average household income exceeding $171,000+ per year

OVERVIEW

CBRE, Inc. is pleased to present an exciting two-tenant Starbucks drive-thru investment opportunity in Hayward, California. A new owner will have the opportunity to increase income and cash flow with the lease up of the ±3,835 SF vacant space. The long term nature of the Starbucks lease is attractive for passive investors who are looking for security and reliability in the tenancy. It is rare that properties of this quality come to market in Hayward.

FOR SALE DETAILS

PRICE

$7,834,000 USD

PRICE/SF

$1,241 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Starbucks Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

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

42,171 SF

ZONING

C

APN/PARCEL ID

078G-2971-001-00

ASK ABOUT THIS PROPERTY

Kyle KayeCBREMore Info
650-281-5553

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Kyle KayeCBREMore Info
650-281-5553

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