30158 Industrial Pkwy new Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94544
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017399
Year Built 2005
Lot Size 1.626 Acres
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 699 - Not Defined
Zoning Industrial Park
Interior
Cooling Central Air
Exterior
Roof Type Flat
Building
Story 1
Water Public