29480 Pacific St, Hayward, CA 94544
61,700 SF Specialty Building Offered at $6,500,000 at a 5.88% Cap Rate in Hayward, CA 94544
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,500,000
- Property Type
-
Specialty
- Square Feet
- 61,700 SF
- Price / Square Foot
- $105
Listing Contacts
Matthew McCaffrey
Verified Profile
Robert Johnston
Verified Profile
Adam Levin
Verified Profile
- Property Info
Property Overview
Hayward Pacific Mini Storage is a stunning 221-unit self-storage investment opportunity located in the thriving city of Hayward, CA.
Situated on a large parcel of land totaling 2.62 acres, the subject property was originally constructed in 1961 and has a net rentable area of approximately 57,710 square feet. The subject property features drive-up access, 24-hour camera surveillance, and a secure entrance gate.
Hayward Pacific Mini Storage is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (19 miles), The Peninsula (24 miles), The Tri-Valley (14 miles), Silicon Valley (24 miles), and San Francisco (30 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants.
The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, Hayward Pacific Mini Storage presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Situated on a large parcel of land totaling 2.62 acres, the subject property was originally constructed in 1961 and has a net rentable area of approximately 57,710 square feet. The subject property features drive-up access, 24-hour camera surveillance, and a secure entrance gate.
Hayward Pacific Mini Storage is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (19 miles), The Peninsula (24 miles), The Tri-Valley (14 miles), Silicon Valley (24 miles), and San Francisco (30 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants.
The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, Hayward Pacific Mini Storage presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Property Details
- Class
- B
- Year Built
- 1968
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 114,127 SF
Highlights
- Investors have the opportunity to acquire an exceptional multifamily asset in the thriving city of Hayward, CA.
- Hayward Pacific Mini Storage offers customers a stress-free storage experience with drive-up access and 24-hour camera surveillance.
- The subject property is centrally located in the East Bay providing convenient access to San Francisco, The Peninsula, and Silicon Valley.
- Hayward Pacific Mini Storage boasts an exceptional location between the major employment centers of Oakland, The Peninsula and Silicon Valley.
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