Sold Retail Properties in Alameda County – 505 A St, Hayward, CA 94541 6/10
Sold Retail Properties 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 |
---|
Seller: |
SALUTO RESTAURANTS
|
Buyer: |
SAI SIMRAN LLC – 2312 Bentley Ridge Dr San Jose, CA
|
Broker: |
John Lukrich – One Letterman Drive San Francisco, CA
|
Sale Comments | ||||
---|---|---|---|---|
Buyer came through LoopNet. I had 10 offers and settled on an all-cash buyer.
|
Financing Comments | ||||
---|---|---|---|---|
Cash Sale.
|