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In-N-Out Burger | Hayward, CA 709 Harder Rd 3,887 SF Retail Building Hayward, CA 94544 $6,150,000 ($1,582.20/SF) 3.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 20-Year Ground Lease with In-N-Out Burger
- Absolute NNN Ground Lease With Zero Landlord Responsibilities
- 60,000 Cars Per Day at the Intersection of Mission Boulevard and Harder Road
- Corporate Guaranty With One of the Best-Known Brands in the World
- 10% Increases Every 5 Years
- Adjacent to California State University, East Bay with over 13,300 students
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
In-N-Out Burger was founded in 1948 by Harry and Esther Snyder in Baldwin Park, California, and remains privately owned and operated. Under the direction of the Snyder family, the company has opened restaurants throughout California, Nevada, Arizona, Utah and Texas. Their menu has remained the same since 1948, and they have maintained a simple philosophy – serve only the highest quality product, prepare it in a clean and sparkling environment, and serve it in a warm and friendly manner. They have built a reputation for fresh, made-to-order foods prepared and served by friendly, well trained Associates.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 452-0020-017-00 | Improvements Assessment | $1,945,000 |
| Land Assessment | $1,106,501 | Total Assessment | $3,051,501 |
PROPERTY TAXES
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In-N-Out Burger | Hayward, CA | 709 Harder Rd
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