Listed by Newmark - Oakland
$5,500,000
American Avenue Business Park
Details
APN 439-16-1 & 439-16-2
Property Type Industrial
Sub Type Warehouse
Square Footage 19,200
Net Rentable (SqFt) 19,200
Units 14
Occupancy 81%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.6%
Pro-Forma NOI $362,746
Price per SqFt $286
Broker Co-Op Yes
Class B
Buildings 2
Stories 1
Acreage 0.930
Zoning IG (Industrial)
Investment Type Net Lease
Ceiling Height 16'
Industrial | 6.60% CAP (Proforma) | 19,200 SF
Marketing description
19,200 SF Leased Investment Opportunity in Sought-After Hayward Market
Demised in fourteen (14) units - 3 units currently vacant
12 units @ 1,200 SF
2 units @ 2,400 SF
Situated n Two (2) parcels totaling 0.93 acres
Professionally managed
Investment highlights
Rare opportunity to acquire a leased industrial, cash-flowing asset in Hayward, CA
Listing Contacts
Listed by Newmark - Oakland
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