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Lucky 22555 Mission Blvd 67,722 SF Retail Building Hayward, CA 94541 $15,568,065 ($229.88/SF) 6.20% Cap Rate
Investment Highlights
- Situated in the Downtown neighborhood of Hayward, Lucky Supermarket is located in a dense commercial area
- Long-Term Lease with Built-In Growth
- Absolute NNN Lease – Zero Landlord Responsibilities
- The Tenant, Lucky, is operated by Save Mart Companies, which operates more than 200 stores across California, Nevada, Oregon, and Washington
- Lucky serves as a critical provider of fresh and organic groceries to the surrounding community
- Retail Synergy in Shopping Plaza
Executive Summary
Rare Single-Tenant Absolute NNN Grocery Asset - This investment includes a ±67,722 SF single-tenant Lucky California grocery store on a ±4.31-acre parcel, operating under an absolute NNN lease with zero landlord responsibilities. Located in the heart of Downtown Hayward, the sixth largest city in the Bay Area and third largest in Alameda County.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Supermarket
Building Size
67,722 SF
Building Class
B
Year Built
2001
Price
$15,568,065
Price Per SF
$229.88
Cap Rate
6.20%
NOI
$965,220
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
4.31 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
354 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
548’ on A St
Amenities
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | 428-0051-096-00 | Improvements Assessment | $13,097,282 |
| Land Assessment | $10,066,506 | Total Assessment | $23,163,788 |
Property Taxes
Parcel Number
428-0051-096-00
Land Assessment
$10,066,506
Improvements Assessment
$13,097,282
Total Assessment
$23,163,788
Contacts
-
Patrick Wade -
Alex Kozakov -
Vivian Tran -
Matthew Greenberg -
Bo Henderson -
Jack Webber -
CBRE, Inc.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Lucky | 22555 Mission Blvd
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