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Listed by Kenny Zhang • Realty One Group Extreme
$ 2,280,000
Est. payment | /mo
2,406 SqFt
$ 2,280,000
Est. payment | /mo
2,406 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $947
MLS Listing ID ML82017399
HOA Y/N No
Year Built 2005
Lot Size 1.626 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
Prime single-tenant NNN investment in Hayward, CA, leased to Panda Express, Inc., a nationally recognized corporate tenant operating at this location since 2005. The 2,406 SF restaurant unit is part of a modern retail condominium complex built in 2005. Tenant pays for property taxes, HOA dues, insurance, and maintenance, leaving the landlord with zero operating expenses. The current lease term runs from November 1, 2025 to October 31, 2030, with two (2) additional five-year extension options, providing investors with stable, management-free income backed by a long-term corporate guarantee.
Location
State CA
County Alameda
Interior
Fireplace No
Building
Water Public
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227