943 B

Description

This offering consists of a 6,600 square foot single tenant retail building, on a 0.24-acre lot, with great B Street frontage, and a prized location just two-blocks from Hayward City Hall. The property benefits from high foot traffic due to the nearby City of Hayward services, nearby office buildings, and proximate bustling commerce. Major national tenants within a four-block radius include: Starbucks, Peets Coffee, Union Bank, Bank of the West, Comerica Bank, and Wells Fargo. The building is currently occupied by The Pizza House, who signed a five-year lease with no options to extend on March 22nd, 2018. The prime location and short-term lease (just five months remaining) make this an ideal offering for either an investor looking to renegotiate and extend the lease, or owner users looking for a central location, surrounded by other major retailers. The building was constructed circa 1924 (per public records) and underwent significant tenant improvements in 2018 when the current tenant, Pizza House moved in from across the street. The property features spacious dine-in seating, a large outdoor patio to the rear, and a flat roof.