31005 Mission Blvd
Hayward, CA 94544
Jack in the Box · Retail Property For Sale

Recently extended for 10 years, a ground lease to JACK IN THE BOX INC., until October 31, 2027. The net annual rent increases to $141,372 on November 1, 2017 and then increases to $155,509 on November 1, 2022. The lease is absolute net with the tenant responsible for all taxes, insurance, and maintenance including roof and structure. There are two 5-year options to renew the lease with 10% rental increases in each option period. The subject property is an outparcel to the Fairway Park Shopping Center, a 138,369± square foot neighborhood center on 12.14 acres, with excellent visibility and access. Fairway Park has approximately 815 feet of high-visibility frontage on Mission Boulevard (SR 238). Located in the South Hayward near the Union City and Fremont borders, the center allows for easy access from the I-880, neighboring cities, CSU East Bay, BART, and local employment centers. Tenants in the center include, Rite Aid, Dollar Tree, US Bank, Fitness Center, Sonic Drive-In, KFC/Taco Bell, and Subway.