Storefront Retail Office Condo For Sale • 2,406 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 30158 | Retail | 2,406 SF | $2,280,000 USD | |
DescriptionThis property is part of a commercial condominium within a ±1.63-acre retail center. The offering consists of a ±2,406 SF freestanding Panda Express restaurant building (built 2005) with exclusive use and shared rights to the common area improvements, including surface parking of approximately 70 stalls and drive aisles. The condominium structure ensures the tenant contributes to HOA dues covering site maintenance, landscaping, and common area expenses. Sale NotesAbsolute NNN investment leased to Panda Express (corporate guarantee). Tenant pays 100% of taxes, insurance, HOA, and maintenance. Current lease runs 11/1/2025 – 10/31/2030 with two (2) 5-year options. Do not disturb tenant. |
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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.
| Corporate Guarantee,True Passive Income: Absolute NNN lease,Prime Location |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hayward (Capitol Corridor - Capitol Corridor Joint Powers Authority) | 9 min | - | 5.8 mi |
| Hayward Amtrak (Capitol Corridor - Amtrak) | 9 min | - | 5.8 mi |
| Airport | Drive | Walk | Distance |
| Metro Oakland International | 19 min | - | 13.9 mi |
| Norman Y Mineta San Jose International | 30 min | - | 23.0 mi |
| San Francisco International | 32 min | - | 24.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 70 |
| Type: | Surface |
| Included in Rent: | Yes |