Sold Retail Properties in Alameda County – 505 A St, Hayward, CA 94541 6/10
505 A St, Hayward, CA 94541
|Sale Price:||$1,250,000 ($308.64/SF)|
|Cap Rate:||7.16% (At Time Of Listing)|
|APN / Parcel ID:||
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|
SAI SIMRAN LLC – 2312 Bentley Ridge Dr San Jose, CA
John Lukrich – One Letterman Drive San Francisco, CA
Buyer came through LoopNet. I had 10 offers and settled on an all-cash buyer.