HAYWARD’S INDUSTRIAL DEALS NOW

$5,250,000

Description

RAISING CAINS – Is this your next 1031-Exchange?

Retail NNN Investment: Raising Cane’s | Hayward, CA691 Harder Rd Hayward, CA 94544 3,267 SF Retail Building ($1,606.98/SF) 4% Cap Rate $5,250,000

INVESTMENT HIGHLIGHTS

New 15-Year Ground Lease Raising Cane’s with Double Drive-Thru
Absolute NNN Ground Lease With Zero Landlord Responsibilities
New 2024 Construction, Pride of Ownership Opportunity Below-Average Rent of $210,000 Annually
Corporate Guaranty
10% Increases Every 5 Years
Outparcel to New Sprouts, HomeGoods, Ross-Anchored Center

RETAIL EXECUTIVE SUMMARY
15-Year Ground Lease | Absolute NNN | Outparcel to Grocery-Anchored Center

PROPERTY FACTS
Sale Type Investment
Property Type Retail
Property Subtype Fast Food
Building Size 3,267 SF
Building Class C
Year Built 2024
Lot Size 1.17 AC

Price $5,250,000
Price Per SF $1,606.98
Cap Rate 4%
NOI $210,000
Tenancy Single
Building Height 1 Story
Building FAR 0.06

PROPERTY TAXES

Parcel Number	452-0020-016-00	Improvements Assessment	$1,900,000
Land Assessment	$1,400,848	Total Assessment	$3,300,848

Address

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Address: 691 Harder Road, Sorenson, Hayward, Alameda County, California, 94544, United States
Zip/Postal Code: 94544

Contact Information

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Marie Cappello – Broker
760 507 1222