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2601-2619 Oliver Dr
Hayward, CA 94545
REDUCED PRICE - 6.01% CAP RATE - 100% LEASED · Retail Property For Sale
Investment Highlights
- Excellent neighborhood shopping center surrounded by dense residential housing with no other retail options in the immediate area
- Seller stratigecally provided in the lease that the landlord can cancel the lease with 180 days notice if owner wants to develop
- 100% occupied - 6.01% Cap Rate
- Excellent long term investment with long term ability to develop the site
- Zoned for mixed use residential/retail
Property Facts
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.55 AC
Zoning
PD, Hayward - Zoning allows for multi-family development with a density of 8.7 to 17.4 units per acre. Maximum FAR is 0.6.
Parking
35 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
225’ on Oliver Dr
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 456-0035-010-42 | Improvements Assessment | $1,463,700 |
| Land Assessment | $984,300 | Total Assessment | $2,448,000 |
Property Taxes
Parcel Number
456-0035-010-42
Land Assessment
$984,300
Improvements Assessment
$1,463,700
Total Assessment
$2,448,000
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