Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20882 Mission Blvd Hayward, CA 94541

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces for lease in a revitalized shopping center.

    Property Features for 20882 Mission Blvd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Ben Minton
    Source: Crexi

    Listing Agency: Kimco Realty Corporation Listing Agent: Ben Minton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Creekside Center

    Creekside Center is a shopping center with over 80,000 square feet of commercial space. The center is located along Mission Boulevard, a main retail and commuter arterial connecting the cities of Hayward and San Leandro. The center is undergoing a transformation, which will include a new grocery anchor, Las Montananas Supermarket, opening Summer 2023.
    Location Intelligence

    Current Use by Public Records

    99 Cents Only ... Discount Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinme at Coinstar - Bitcoin Kiosk, Coinme at Coinstar - Bitcoin Kiosk, Coinstar Kiosk | Bitcoin ATM, Coin Time Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.0987831
    Latitude
    37.6847947

    Nearby Similar for Lease

    • $36 SF/Yr
      9,846 SF

      Hayward Office Space Available

      Second-floor office space with meeting room and kitchen for rent.
      971 B St, Hayward, CA 94541
      View Details
    • $2,200 /Mo

      Hayward Medical Offices For Rent

      Turnkey medical offices in Hayward, ready for occupancy.
      21297 Foothill Blvd, Hayward, CA 94541
      View Details
    • Contact for pricing
      8,209 SF

      Hayward Flex Space For Rent

      Flexible workspace in Breakwater Business Park with on-site amenities.
      3535 Breakwater Ave, Hayward, CA 94545
      View Details
    • $8,100 /Mo

      Downtown Hayward Office Space Available

      Office space in downtown Hayward, near transportation and amenities.
      1151 A St, Hayward, CA 94541
      View Details
    • Contact for pricing

      Retail Space on Hesperian Boulevard

      Retail space in a high-traffic area near major anchors.
      23918 Hesperian Blvd, Hayward, CA 94541
      View Details
    • Contact for pricing
      2,852 SF

      Industrial Condo Near Highways

      Industrial condo with warehouse space, near major highways.
      26120 Eden Landing Rd, Hayward, CA 94545
      View Details
    • $36 SF/Yr

      Hayward Office Space Available

      Second-floor office space with meeting room and kitchen for rent.
      971 B St, Hayward, CA 94541
      View Details
    • $15 SF/Yr

      Mixed-Use Building on Corner Lot

      7,779 SF mixed-use building on a 39,249 SF lot.
      24089 Watkins St, Hayward, CA 94544
      View Details
    • $2,200 /Mo

      Turnkey Medical Offices for Lease

      Ready-to-occupy medical offices in Hayward, CA, with various features.
      21297 Foothill Blvd, Hayward, CA 94541
      View Details
    • Contact for pricing

      Hayward Manufacturing & Clean Room Space

      Manufacturing and clean room space available for lease in Hayward.
      3955 Trust Way, Hayward, CA 94545
      View Details
    • Contact for pricing
      40,987 SF

      Hayward Life Science Campus Opportunity

      Located in a thriving life science campus with excellent transit access.
      1190 Zephyr Ave, Hayward, CA 94544
      View Details
    • Contact for pricing

      Hayward Office and Warehouse Space

      Office and warehouse space with dock and grade-level doors.
      21054 Alexander Ct, Hayward, CA 94545
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces for lease in a revitalized shopping center.
    Where is this shopping center located?
    The property is located at 20882 Mission Blvd Hayward, CA.
    What are key features of this property?
    This property features: - New grocery anchor, Las Montananas Supermarket, opening Summer 2023.; - Located on Mission Blvd., a main retail and commuter arterial.; - Connects the cities of Hayward and San Leandro.
    Request Owner's contact information
    20882 Mission Blvd Hayward, CA 94541
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20882 Mission Blvd
    Hayward, CA 94541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20882 Mission Blvd Hayward, CA 94541
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ben Minton
    Real Estate License ID: 02052894,CAKRC:01518685
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!