505 A St, Hayward, CA 94541; Sold Retail Property; 6/10 in Alameda County
Sold Retail property in Alameda County –
505 A St, Hayward, CA 94541 6/10
505 A St, Hayward, CA 94541
Sale Information
Sale Status: Sold
Sale Date: 08/23/2013
Sale Price: $1,250,000 ($308.64/SF)
Cap Rate: 7.16% (At Time Of Listing)
Listing Price: $1,200,000
Property Details
Property Type: Retail
Property Sub-type: Strip Center
Building Size: 4,050 SF
Lot Size: 0.00 Acres
APN / Parcel ID: 431 -0004-065-07
Property Description
3-tenant strip center anchored by Quik Stop, owned by the Kroger Company, one of the world’s largest grocery retailers, and has been a tenant in the building since it was constructed and recently signed a 10-year extension to their current lease. The other two tenants, Express Pizza and Sunrise Donuts are local tenants who have been in their locations for a number of years
| Parties to Transaction | ||||
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| Seller: |
SALUTO RESTAURANTS
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| Buyer: |
SAI SIMRAN LLC
2312 Bentley Ridge Dr San Jose, CA
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| Broker: |
John Lukrich
One Letterman Drive San Francisco, CA
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| Sale Comments | ||||
|---|---|---|---|---|
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Buyer came through LoopNet. I had 10 offers and settled on an all-cash buyer.
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