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24453-24475 Mission Blvd 8,750 SF 62% Leased Retail Building Hayward, CA 94544 $4,536,740 CAD ($518.48 CAD/SF)
INVESTMENT HIGHLIGHTS
- Ideal owner-user or value-add opportunity at 62% occupancy
- Mixed-use zoning allowing 17.5 – 35 units per acre
- High traffic counts on Mission Blvd with over 31,000 vehicles per day
- Four out of the six tenants are on month to month leases
- City of Hayward owns both of the adjacent vacant lots. Potential to combine all for 2.09 acres.
EXECUTIVE SUMMARY
Transwestern is pleased to exclusively offer for sale an 8,750 square foot strip center on 0.57 acres of land located on Haywards bustling Mission Boulevard. This seven-unit center is currently 62% leased and the majority of tenants are on month to month leases, allowing for an immediate value-add opportunity or owner user to take over. Given the mixed use zoning, the site can also be redeveloped for up to a potential 19 units.
The property is located along Mission Boulevard, a major retail and commuter corridor in the Bay Area, benefiting from strong visibility and daily traffic counts. It is surrounded by a dynamic mix of national retailers, car dealerships and new housing developments. Hayward, positioned in the heart of the East Bay, is one of the Bay Area’s most centrally located cities with immediate access to I-880, Hwy-92, and BART transit lines. The city is experiencing ongoing residential and commercial growth, supported by its diverse workforce and proximity to Oakland, San Francisco, and Silicon Valley.
The property is located along Mission Boulevard, a major retail and commuter corridor in the Bay Area, benefiting from strong visibility and daily traffic counts. It is surrounded by a dynamic mix of national retailers, car dealerships and new housing developments. Hayward, positioned in the heart of the East Bay, is one of the Bay Area’s most centrally located cities with immediate access to I-880, Hwy-92, and BART transit lines. The city is experiencing ongoing residential and commercial growth, supported by its diverse workforce and proximity to Oakland, San Francisco, and Silicon Valley.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,750 SF
Building Class
C
Year Built
1960
Price
$4,536,740 CAD
Price Per SF
$518.48 CAD
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.57 AC
Zoning
MB-CN - Mission Blvd, Corridor Neighborhood. General Plan - SMU: Sustainable Mixed Use
Parking
37 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Blue Sky Pure Water
- Wholesaler
- -
- -
- -
- -
- Closet Bar
- Retailer
- -
- $39.36 CAD
- Modified Gross
- Oct 2021
- Grace Health Spa
- Arts, Entertainment, and Recreation
- -
- -
- -
- -
- Kim Pacific Martial Arts Supplies
- Retailer
- -
- -
- -
- -
- Ten Perfect Nails
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Blue Sky Pure Water | Wholesaler | - | - | - | - | |
| Closet Bar | Retailer | - | $39.36 CAD | Modified Gross | Oct 2021 | |
| Grace Health Spa | Arts, Entertainment, and Recreation | - | - | - | - | |
| Kim Pacific Martial Arts Supplies | Retailer | - | - | - | - | |
| Ten Perfect Nails | Services | - | - | - | - |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 444-0033-022-01 | Improvements Assessment | $1,386,689 CAD |
| Land Assessment | $984,696 CAD | Total Assessment | $2,371,385 CAD |
PROPERTY TAXES
Parcel Number
444-0033-022-01
Land Assessment
$984,696 CAD
Improvements Assessment
$1,386,689 CAD
Total Assessment
$2,371,385 CAD
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24453-24475 Mission Blvd
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