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6.10% CAP OR OWNER USER WITH DRIVE-THRU SBUX 29705 Mission Blvd 6,315 SF Retail Building Hayward, CA 94544 $6,950,000 ($1,100.55/SF) 6.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Two-Tenant 6,315 SF Retail Building which Includes a Starbucks Drive-Thru and a 3,835 SF Vacant Unit
  • Seller will Guarantee Rent on the 3,835 SF Vacancy at $4.00 SF NNN for 6 Months which is a 6.10% CAP Rate
  • Large 0.96 AC Corner Parcel - Located in Front of the Brand New Atlas @ Mission Village Townhome Project by KB Homes
  • Rare 10% Downpayment SBA Owner User Opportunity - 3,835 SF Vacant Unit Adjacent to Starbucks
  • Brand New Construction – Built in 2024, Brand New Starbucks Lease Expires in 2034, and Starbucks has Three( 3) Five (5) Year Options Thereafter
  • Located Near the Hayward Bart Station and Interstate 880

EXECUTIVE SUMMARY

- The Offering Presents a Rare Opportunity to Acquire a New Construction Two-Tenant 6,315 SF Retail Building which Includes a Starbucks Drive-Thru and a 3,835 SF Vacant Unit.
- Rare 10% Downpayment SBA Owner User Opportunity - 3,835 SF Unit Adjacent to Starbucks Available for an Owner User to Occupy Immediately and have the income from Starbucks Offset the Mortgage Payments.
- Investment Opportunity - Brand New Starbucks Lease + Seller will Guarantee Rent on the 3,835 SF Vacancy at $4.00 SF NNN for 6 Months which is a 6.10% CAP Rate.
- Brand New Construction – Built in 2024.
- Brand New Starbucks Lease – Lease Expires in 2034, and Starbucks has Three (3) Five (5) Year Options Thereafter.
- MB-CN Zoning Designation: Allows for Uses such as Office, (Medical/Dental Offices with Administrative Use Permit), Retail, Personal Services, Fitness Studio, Restaurants, Day Care Center, (Educational Facilities with Administrative Use Permit), and many more.
- Large 0.96 Acre Corner Parcel - Located in Front of the Brand-New Atlas @ Mission Village Townhome Project by KB Homes.
- 200 Feet of Frontage Along Mission Boulevard & 150 Feet of Frontage Along Industrial Parkway.
- Located Near the Hayward Bart Station and Interstate 880.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,315 SF
Building Class
B
Year Built
2024
Price
$6,950,000
Price Per SF
$1,100.55
Cap Rate
6.10%
NOI
$424,080
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.97 AC
Zoning
MB-CN - Commercial
Parking
39 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
60’ on Mission Blvd

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Retail 1
  • 3,835 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
Retail 1 3,835 SF Retail End Cap Now

Retail 1

Size
3,835 SF
Space Use
Retail
Position
End Cap
Available
Now

Retail 1

Size 3,835 SF
Space Use Retail
Position End Cap
Available Now

Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Grocery Outlet
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078G-2971-001-00
Land Assessment
$1,910,160
Improvements Assessment
$3,308,000
Total Assessment
$5,218,160
  • Listing ID: 37130764

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 29705 Mission Blvd, Hayward, CA 94544

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