Price:

$1,100,000

Gross Leasable Area:

6,500 SF

Price/SF:

$169.23

Property Type:

Retail

Property Sub-type:

Strip Center

Property Use Type:

Investment

Commission Split:

2%

Cap Rate:

7.14%

Tenancy:

Multiple

Lot Size:

0.19 AC

APN / Parcel ID:

429-032-020-02

Listing ID

18448500

Description

Collect the rent on this bite sized retail center. Fully occupied, convenience anchored strip with 4 tenants and 8 parking spaces. Extensive post fire renovations completed this year including new electrical, HVAC, interiors, and ADA compliance. 70% long term tenants.

Signalized corner of Meekland Avenue and Blossom Way in Hayward, California. 9 thousand cars per day on Meekland Avenue.

Financial Summary

• Actual
• Net Operating Income
  $76,960