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Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 4
Approx. Age 2005
MLS® Number ML82017399

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime single-tenant Absolute NNN investment in Hayward, CA, leased to Panda Express, Inc. Corporate-guaranteed and operating at this location since 2005. ±2, 406 SF freestanding building, built in 2005. Tenant pays 100% of property taxes, insurance, HOA, and all maintenance, providing truly passive income for the owner. Current term runs 11/01/202510/31/2030, with two (2) five-year extension options. Offering a 7.78% CAP at the $2, 280, 000 asking price significantly above the typical 4.5%6% range for similar Bay Area NNN properties. Located on a high-visibility signalized corner at Whipple Blvd & Industrial Pkwy SW, adjacent to Target, Costco, and I-880 freeway. Perfect for 1031 exchange buyers seeking long-term, management-free income from a nationally recognized tenant.Show Description
MLS® NumberML82017399
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

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